The Government will establish a transition plan to ensure export financing included in the state scheme and promote a bill for such a scheme in the parliement to provide loans within a limit of 30 billion.
A state agency will take over the system of subsidized interest loans (CIRR-loans), the so-called 108-scheme. CIRR-eligible loans will be provided on fixed interest rates.
– A government export financing scheme should be robust, reliable and cost effective. It shall ensure the Norwegian export industry's competitive conditions, says Stoltenberg.
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