Strategy 28
Preface
Norges Bank performs critical national missions. As Norway's central bank, we are tasked with maintaining monetary stability. We will promote the stability of the financial system and an efficient and secure payment system. We will contribute to high and stable output and employment. In addition, Norges Bank manages the Government Pension Fund Global (GPFG) as mandated by the Ministry of Finance. The objective of the management is the highest possible return at an acceptable level of risk.
The Bank's missions are firmly established and guide all we do. At the same time, the world around us is changing. The geopolitical situation is unpredictable. The framework for international cooperation and trade is changing. New types of monetary and payment systems are emerging. And technology, particularly artificial intelligence (AI), is advancing rapidly.
To succeed in our missions, we need to adapt to these changes and be prepared to respond to unforeseen events. We must build on our strengths and experience while taking the necessary steps to modernise and adapt. Strategy 28 describes our key priorities for the coming three years. Our ambitions are clear: The GPFG will be the leading and most highly respected large investment fund in the world. The central bank will be Norway's leading institution in the field of macroeconomic analysis, and our analyses will maintain world-class standards. We will enhance our resilience to external threats. We will harness the power of AI and new data sources. We will communicate transparently and raise public awareness of our role and tasks. All of the above will take place within a framework of responsible resource use.
Norges Bank's staff is the heart of the institution. Fostering a positive and inclusive working environment is key to our success. I look forward to developing Norges Bank together with all our highly skilled and committed colleagues. Society must be able to trust that we will deliver on our missions in a sound, efficient and responsible manner in the years ahead.
Ida Wolden Bache
Norges Bank's strategy
The strategy describes our areas of focus going forward and is designed to ensure that we are best able to accomplish the central bank’s mission.
Strategy for Norges Bank Investment Management
The strategy describes how we will exploit our characteristics as a large and long-term investor to achieve the highest possible return. Our people, technology, and processes are key to achieving our goal. See the strategy on nbim.no
