Executive
Board Calendar |
Board Discussions
on Iceland:
Previous: October 28, 2009 November 19, 2008 September 10, 2008 August 22, 2007 August 4, 2006
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Projected % Change
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2009
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2010
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Real GDP
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-8.5
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-2
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Consumer Prices
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11.7
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4.4
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Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
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Iceland: Financial Position in the Fund

International Reserves
 Transactions with the Fund

IMF Resident Representative Office in Iceland
Watch an interview with the Mission Chief for Iceland
Part I | Part II

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Iceland and the IMF
Updated November 13, 2009
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The last Article IV Executive Board Consultation was on September 10, 2008. Iceland is a subscriber to the Special Data Dissemination Standard. Listed below are items related to Iceland, in reverse chronological order (you can also view items by category).
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 | December 08, 2008 -- Iceland: 2008 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iceland
Series: Country Report No. 08/367
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 | December 08, 2008 -- Iceland: Financial System Stability Assessment - Update
Series: Country Report No. 08/368
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 | December 02, 2008 -- IMF Survey: Iceland Gets Help to Recover From Historic Crisis
The IMF has approved a $2.1 billion loan to Iceland to help it recover from the financial crisis and restore confidence in its currency. The IMF's mission chief for Iceland, Poul Thomsen, talks about the crisis and Iceland's plans for dealing with the repercussions.
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 | November 25, 2008 -- Iceland: Request for Stand-By Arrangement - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland
Series: Country Report No. 08/362
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 | November 20, 2008 -- Transcript of a Conference Call on the IMF's Executive Board Approval of a Stand-By Arrangement for Iceland
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 | November 19, 2008 -- Press Release: IMF Executive Board Approves US$2.1 Billion Stand-By Arrangement for Iceland
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 | November 15, 2008 -- Iceland -- Letter of Intent and Technical Memorandum of Understanding, November 15, 2008
PDF File Size: 461Kb
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 | November 13, 2008 -- Transcript of Regular Press Briefing by David Hawley, Senior Advisor, External Relations Department
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 | November 12, 2008 -- Interview with IMF Managing Director Dominique Strauss-Kahn, Published in Caijing Magazine, November 8, 2008
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 | October 30, 2008 -- Transcript of a Press Conference by IMF Chief Dominique Strauss-Kahn on the Launch of a New Lending Facility for Emerging Markets
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 | October 26, 2008 -- IMF Survey: IMF Set to Lend $16.5 Billion to Ukraine
The International Monetary Fund announces outline plans to lend $16.5 billion to Ukraine to support a policy package the country has assembled to maintain economic and financial stability. Ukraine's economy has been affected by the global financial turmoil and falling steel prices.
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 | October 24, 2008 -- Press Release: IMF Announces Staff Level Agreement with Iceland on US$2.1 Billion Loan
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 | October 24, 2008 -- IMF Survey: IMF and Iceland Outline $2.1 Billion Loan Plan
The IMF announces an initial agreement with Iceland on a $2.1 billion two-year loan to support an economic recovery program to help the island restore confidence in its banking system and stabilize its currency.
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 | October 13, 2008 -- Statement by the Hon. Arni M. Mathiesen, Governor of the IMF for Iceland, on behalf of the Nordic-Baltic Constituency, at the Joint Annual Discussion
PDF File Size: 138Kb
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 | October 12, 2008 -- Transcript of a Panel Discussion on the Role and Governance of the IMF: Further Reflections on Reform - The Per Jacobsson Foundation
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 | October 11, 2008 -- IMFC Statement by Stefan Ingves, Governor, Sveriges Riksbank
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 365Kb
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 | September 19, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Iceland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
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 | July 04, 2008 -- Iceland --- 2008 Article IV Consultation Concluding Statement
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.
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 | April 12, 2008 -- IMFC Statement by the Honourable Statement by Anders Borg, Minister of Finance of Sweden
On behalf of: Denmark, Republic of Estonia, Finland, Iceland, Republic of Lithuania, Republic of Latvia, Norway, Sweden. PDF File Size: 355Kb
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 | December 01, 2007 -- Estimating Iceland's Real Equilibrium Exchange Rate
Author/Editor: Tchaidze, Robert Series: Working Paper No. 07/276
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