Hermod Skånland

Hermod Skånland

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Hermod Skånland is a notable figure in Norwegian economic policy, recognized for his involvement in the establishment of the Government Pension Fund Global, commonly referred to as the oil fund. He played a key role in the Tempoutvalget (the Oil Fund Committee) in the 1980s, which raised concerns about the potential challenges posed by the fund's existence and its influence on fiscal policy, a topic that continues to spark debate in contemporary discussions about Norway's economic future.

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Recent news mentions

Hermod Skånland was part of a committee that feared the oil fund could become a second state budget.

Norge er ikke landet som ble for rikt.
Aftenposten·NorwayNorway· 2026-08-11
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