The Norwegian government has unveiled its 2025 budget, introducing several financial changes aimed at easing the burden on citizens.

A notable feature is the tax relief for individuals earning under 1 million kroner, while those earning above this threshold will face increased taxes.

The budget also raises the tax-free income limit from 70,000 to 100,000 kroner.

Additionally, the government plans to reduce VAT on water and sewage services, making them more affordable.

Despite these measures, the budget anticipates a 3% inflation rate, which could offset some benefits.

Furthermore, the budget includes increased support for electricity bills and reduced costs for childcare, aiming to provide financial relief to families.

However, the budget has faced criticism for its increased use of oil funds and reduced intake of quota refugees.