Oiling the wheels of kroner strength
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The Norwegian government collects petrodollars via its State Direct Foreign Interest (SDFI) office, which oversees oil activities. This amount varies from month to month, with production levels and crude oil prices. Some of this money – estimated to be NOK204.5 billion (US$32.1 billion) in 2005 using NOK230 per barrel – is used to finance Norway's non-oil budget deficit, which is estimated to be NOK74.3 billion in 2005. The remainder of this foreign currency is allocated to the Government
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