cashgamepokervideos|IMF expects higher economic growth in Norway

OSLOcashgamepokervideos, June 28 (Xinhua) -- Economic growth in Norway is expected to strengthen gradually, leading to increased real incomes and improved purchasing power for most households, according to the International Monetary Fund (IMF)'s annual assessment of the Norwegian economy and its economic policies.

Highlighting the resilience of the Norwegian labor market and a decline in inflation, the IMF said that while productivity in Norway remains higher than in many other countries, growth has slowed in recent years. It asserts that the financial system is stable but recommends continued vigilance regarding financial risks.

Norway needs to boost labor participation, reduce reliance on health-related benefits, and enhance productivity growth, the IMF noted, adding that the country is well-positioned to meet future challenges due to its stable structures, strong fiscal position, robust banking sector, comprehensive public services and welfare benefits, and capacity for implementing change.

An IMF delegation spent the past week meeting with Norwegian authorities, academic and financial institutions, and employer and labor organizations. Their assessment was presented on Friday at the Ministry of Finance. A more comprehensive report will be submitted to the IMF board later this year.■