Norwegian prime minister Jonas Gahr Stoere announced on Sunday at a press conference:
- "We have decided to freeze the fund's investments and have begun a process of selling out (of Russia)," Prime Minister Jonas Gahr Stoere told a news conference.
The fund's Russian assets
- shares in around 47 companies as well as government bonds
- were worth 25 billion Norwegian crowns ($2.83 billion) at the end of 2021