City
Epaper

Norway's PM pledges economic recovery in New Year Speech

By IANS | Updated: January 2, 2024 04:40 IST

Oslo, Jan 2 The Norwegian government will do its best to create more job opportunities and increase the ...

Open in App

Oslo, Jan 2 The Norwegian government will do its best to create more job opportunities and increase the pace of climate action, Prime Minister Jonas Gahr Store said in his New Year Speech.

In the nationally broadcast speech on Monday, Store reflected on the challenges of the past year, noting that global conflicts, economic instability, pandemic aftermath and rising prices strained both national and household budgets.

Acknowledging the financial hardships many are facing, the Prime Minister expressed optimism about the turning point in Norway's economy, Xinhua news agency reported.

He highlighted the government's efforts to curb inflation and reduce interest rates, foreseeing a stable economic recovery for the country, its businesses and individuals in 2024.

Focusing on employment, Store announced plans to convert part-time jobs into full-time roles and create more jobs, especially for the youth. Emphasising the value of young workers in an aging population, he said it is important to treat them well.

He also addressed the younger generation's concerns regarding climate change, biodiversity loss, oceanic plastic pollution and urban air quality. He committed to more significant actions in these areas, emphasising that climate action must now surpass the pace of climate change.

He highlighted some ongoing green initiatives, including the replacement of old ferries and buses with electric ones, as well as the energy-saving measures adopted by Norwegian households.

--IANS

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

International"Renewed commitment": New York Governor Kathy Hochul welcomes Trump-Mamdani meeting

Cricket"Biggest shift in women's cricket...": Ex-India skipper Anjum Chopra on India's maiden 50-over World Cup win

BusinessPiyush Goyal meets Israel's Agriculture Minister, talks focused on precision farming, drip irrigation, desert agriculture

EntertainmentAli Fazal announces the Jodhpur schedule wrap for ‘Mirzapur: The Movie’: 'Onto our next stop'

LifestyleToday's Horoscope, November 22, 2025: Check Your Zodiac Signs Predictions, Lucky Numbers and Colours

Politics Realted Stories

MaharashtraBig Jolt to Sharad Pawar as Salil Deshmukh, Son of Anil Deshmukh, Quits NCP-SP

PoliticsEknath Shinde Issues Strict No-Crossover Order After Meeting Amit Shah; Directive Communicated to All Shiv Sena Leaders

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Leads, Tej Pratap Trails in Early Trends