Oslo is grappling with a severe economic crisis, as the city faces significant budget cuts across various sectors.

The current administration, led by Eirik Lae Solberg, has announced reductions in property taxes and plans to cut annual expenses by 2.3 billion NOK by 2028. However, these measures have sparked criticism, with opponents arguing that the cuts will adversely affect public welfare, including school meals and youth programs.

The administration defends its approach as necessary for responsible economic management, despite the challenges posed by reduced government funding.

Meanwhile, Oslo's districts are already struggling, with 11 out of 15 expecting budget overruns in 2024, leading to potential service reductions and staff layoffs.

The debate continues as the city seeks to balance fiscal responsibility with maintaining essential services.