Iceland: Selected Issues Paper
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
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. 2012/090
Subject:
Expenditure Fiscal policy Fiscal stance Inflation Inflation targeting Monetary policy Output gap Prices Production
Frequency:
Biannually
English
Publication Date:
April 12, 2012
ISBN/ISSN:
9781475503128/1934-7685
Stock No:
1ISLEA2012003
Pages:
39
Please address any questions about this title to publications@imf.org