Executive Board
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Board Discussions
on Iceland:

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August 1, 2013
November 12, 2012
April 6, 2012
August 26, 2011
June 3, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 2.7 3.1
Consumer Prices 2.9 3.4
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Iceland: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative Office in Iceland

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Iceland and the IMF
Updated September 3, 2014

The last Article IV Executive Board Consultation was on August 01, 2013. Listed below are items related to Iceland, in reverse chronological order (you can also view items by category).

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August 29, 2003 -- Iceland: 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iceland
Series: Country Report No. 03/266
August 29, 2003 -- Iceland: Financial System Stability Assessment Update, including Report on the Observance and Standards and Codes on the following topics: Banking Supervision, Insurance Regulation, Securities Regulation, Payment Systems, and Monetary and Financial Policy Transparency
Series: Country Report No. 03/271
June 02, 2003 -- Iceland--2003 Article IV Consultation Concluding Statement of the Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 12, 2003 -- IMFC Statement by Geir H. Haarde, Minister of Finance, Iceland, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the of the constituency comprising Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden
September 29, 2002 -- Statement by the Hon. Sauli Niinisto, Governor of the World Bank for Finland, on behalf of the World Bank Nordic Countries, at the Joint Annual Discussion of the Boards of Governors of the IMF and World Bank, September 29, 2002
PDF File Size: 129Kb
September 29, 2002 -- Statement by the Hon. Bodil Nyboe Andersen, Alternate Governor of the IMF for Denmark, on behalf of the Fund Nordic-Baltic Group, at the Joint Annual Discussion of the Boards of Governors of the IMF and World Bank, September 29, 2002
PDF File Size: 167Kb
September 28, 2002 -- Statement by Mr. Geir H. Haarde, Minister of Finance of Iceland, on behalf of the Nordic and Baltic countries, Denmark, Finland, Estonia, Iceland, Latvia, Lithuania, Norway and Sweden to the IMFC Meeting in Washington, September 28, 2002
The International Monetary and Financial Committee statement on behalf of Nordic and Baltic countries, Denmark, Finland, Estonia, Iceland, Latvia, Lithuania, Norway and Sweden
July 03, 2002 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Iceland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 03, 2002 -- Iceland: Selected Issues
Series: Country Report No. 02/129
July 03, 2002 -- Iceland: 2002 Article IV Consultation--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iceland
Series: Country Report No. 02/130
July 03, 2002 -- Iceland: Selected Issues
Series: Country Report No. 02/129
July 03, 2002 -- Iceland: 2002 Article IV Consultation--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iceland
Series: Country Report No. 02/130
April 20, 2002 -- Statement by Mr. Geir H. Haarde, Minister of Finance, Iceland, on behalf of the Nordic and Baltic countries to the IMFC-meeting in Washington, April 20, 2002
The International Monetary and Financial Committee statement on behalf of the constituency comprising Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden
March 27, 2002 -- Iceland -- 2002 Article IV Consultation, Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
November 17, 2001 -- Statement by Mr. Sauli Niinistö, Minister of Finance of Finland, on behalf of the Nordic and Baltic countries, to the International Monetary and Financial Committee meeting in Ottawa, November 17, 2001
The International Monetary and Financial Committee statement on behalf of the constituency comprising Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden
June 12, 2001 -- Report on the Observance of Standards and Codes: Iceland -- Table of Contents
These reports summarize the extent to which countries observe certain internationally recognized standards, focusing primarily on the areas of direct operational concern to the IMF.
June 12, 2001 -- Iceland: 2001 Article IV Consultation -- Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Iceland
Series: Country Report No. 01/81
June 12, 2001 -- Iceland: Selected Issues and Statistical Appendix
Series: Country Report No. 01/82
June 12, 2001 -- Iceland -- Financial System Stability Assessment
Series: Country Report No. 01/85
May 24, 2001 -- Public Information Notice: IMF Concludes Article IV Consultation with Iceland
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.

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