01716cas a2200241 a 4500 AALejournalIMF011669 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463940379 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Norway : 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Norway. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (72 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Norway's near-term macroeconomic priority is to reduce risks arising from high-household debt by tightening macroprudential standards for mortgage lending while undertaking tax reforms to gradually reduce incentives for excessive leverage. Creating a stronger institutional framework for acroprudential policy would also assist risk mitigation in the future. With the output gap closing, fiscal tightening is needed over the medium term in the central scenario to rebuild precautionary buffers and ensure that fiscal guidelines are met on average over the cycle. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/025 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/025/002.2012.issue-025-en.xml IMF e-Library