The Norwegian Ministry of Finance
Tormod Fauske Tho is a Senior Advisor in the Financial Markets Department at The Norwegian Ministry of Finance, with experience that includes roles as an Advisor and Higher Executive Officer within the same department since August 2018. Tormod has also contributed to the European Commission as part of DG FISMA from October 2021 to February 2022. Academic credentials include a Master of Science in Economics and Business Administration from the Norwegian School of Economics, a Postgraduate degree in Economics, Finance, Management, and Marketing from the University of Melbourne, an Undergraduate degree in Economics, Finance, Management, and Marketing from Columbia University, a Bachelor of Science in Economics and Business Administration from the Norwegian School of Economics, and a one-year program in Economics from the Norwegian University of Science and Technology.
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The Norwegian Ministry of Finance
The Ministry of Finance monitors and analyses economic trends in Norway and abroad, and gives advice in a number of areas of economic policy. The Ministry is responsible for tax policy both regarding economic analyses of the tax system and changes in tax law. The Ministry of Finance is responsible for the regulation and supervision of financial markets and financial institutions, private pension schemes, and rules and regulations for accounting and auditing. The Ministry of Finance is also responsible for the management of the Government Pension Fund. The Ministry is the central fiscal policy agent, and responsible i. a. for the preparation of the annual Central Government Budget Proposal, including counselling and coordination of other ministries´ budgetary work.