16 March 2020 – Two new loan measures proposed by the government

This item is sourced from the CCCSL: CSH Covid-19 Control Strategies List co-ordinated by the Complexity Science Hub Vienna, Austria. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Resource allocation
Sectors Involved: Crisis management plans
Level of Jurisdiction: National
Lead People/Agency:

Overview: The government has proposed two new loan measures, providing support of a total of NOK 100 billion. The package will improve Norwegian businesses’ access to the necessary liquidity in the challenging situation they are now facing. The first of these is state loan guarantees for new loans to small and medium-sized enterprises. The second is the government’s proposal to reinstate the Government Bond Fund. This will contribute to increased liquidity and access to capital in the Norwegian bond market, where larger companies typically raise their funding
Full details here: https://www.regjeringen.no/en/aktuelt/nok-100-billion-worth-of-guarantees-and-loans-in-crisis-support-for-businesses/id2693668/