Iceland : 2014 Article IV Consultation and Fifth Post-Program Monitoring Discussions-Staff Report; Press Release; and Statement by the Executive Director for Iceland

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

March 13, 2015

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2014 Article IV Consultation highlights that Iceland has reached a relatively strong macroeconomic position with good growth prospects. Unemployment continues to trend down, now at 4 percent. Growth is expected to pick up to about 3 percent over 2015–17, supported by robust domestic demand and tourism. Consumption will be boosted by household debt relief and—together with net trade—will benefit from favorable commodity prices. Good progress has also been made in improving the financial stability framework, but gaps remain.

Series:

Country Report No. 15/72

Subject:

English

Publication Date:

March 13, 2015

ISBN/ISSN:

9781498398893/1934-7685

Stock No:

1ISLEA2015001

Format:

Paper

Pages:

67

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