Iceland : Second Post-Program Monitoring Discussions

Publication Date: November 19, 2012
Electronic Access: Free Full text (PDF file size is 1,418KB).
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Summary: The report throws light on the process of recovery from the global financial crisis in Iceland. The strong growth performance witnessed in 2011 seems to continue in 2012. The closing output gap and the decline in unemployment have been marked as positive changes. The major external and internal risks to the financial sector are highlighted, and emphasis is laid on the need to address risks and achieve fiscal targets by maintaining a strong, independent, and adequately resourced Financial Supervisory Authority (FME).
Series: Country Report No. 12/309
Subject(s): Post-program monitoring | Economic recovery | Economic growth | Fiscal policy | Fiscal consolidation | Debt sustainability analysis | Capital account liberalization | Monetary policy | Inflation targeting | Banking sector | Economic indicators | Staff Reports | Public information notices | Iceland

Publication Date: November 19, 2012
ISBN/ISSN: 9781475569674/1934-7685 Format: Paper
Stock No: 1ISLEA2012005 Pages: 49
US$18.00 (Academic Rate:
US$18.00 )
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