Date Time IMF Executive Board Concludes 2021 Article IV Consultation with Norway Washington, DC: On June 2, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Norway on a lapse-of-time basis. Norway experienced one of the mildest economic downturns in Europe in 2020 as a result of the authorities’ substantial policy support actions and one of the lowest Covid infection and mortality rates. The country entered the crisis with substantial buffers which allowed the Norwegian authorities to act fast with strong and effective fiscal, monetary and financial sector policies to support its people, while implementing strict containment measures. Nonetheless, unemployment remains elevated (though well-below 2020 peaks), especially among the youth, foreign-born and low-income groups.