IMF says Norway economy to grow 2.4% in 2001

- Central Banking staff
- 05 Feb 2001

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The International Monetary Fund said on Feb. 5, 2001, it foresaw continued good growth for Norway, the world's second-largest oil exporter, this year although at a slightly more modest clip than in 2000.The Fund expected Norwegian gross domestic product to grow 2.4 percent this year, down from 3.0 percent which was projected in 2000.

"With mainland output expected to remain above potential and continuing resource pressures, however, the balance of risks is on the upside," the IMF said. "Directors

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