Iceland : Selected Issues Paper

Publication Date: April 12, 2012
Electronic Access: Free Full text (PDF file size is 856KB).
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Summary: This selected issues paper on Iceland reports that since mid-2009, Iceland has undergone a heavily frontloaded fiscal consolidation program to bring government finances to a sustainable level. To maintain the adjustment gains achieved during the last 2½ years, the authorities have started drafting a new organic budget law, which would codify recent reforms in the budget framework and introduce principles for fiscal policymaking. Iceland’s economy is exposed to adverse shocks. The external outlook continues to pose challenges, as key trading partners face weak growth prospects.
Series: Country Report No. 12/90
Frequency: Biannually
Subject(s): Banks | Financial sector | Selected issues

Publication Date: April 12, 2012
ISBN/ISSN: 9781475503128/1934-7685 Format: Paper
Stock No: 1ISLEA2012003 Pages: 39
US$18.00 (Academic Rate:
US$18.00 )
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