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Ministry of Finance and Economic Affairs

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Moody’s changes Iceland’s outlook to positive from stable and affirms A3 ratings

July 20, 2018

Moody’s Investors Service has today changed the Government of Iceland's sovereign rating outlook to positive from stable and affirmed Iceland’s A3 long-term...

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Fitch affirms Iceland at A with a stable outlook

June 08, 2018

Today, rating agency Fitch Ratings affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at A with a stable outlook.

What we do

The principal functions of the Ministry of Finance and Economic Affairs focus on ensuring stability and growth in Iceland. The Ministry is ultimately responsible for the state's financial and economic affairs, for which it formulates policy and prepares plans and budgets. In addition, the Ministry works on various projects aimed at improving central government operations, as well as managing the state's assets and human resources.

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Bjarni Benediktsson

Minister of Finance and Economic Affairs

Bjarni Benediktsson

Bjarni Benediktsson took office as Minister of Finance and Economic Affairs on November 30 2017. Has has been a member of the Icelandic parliament Althingi for Southwest Iceland since 2003, Bjarni Benediktsson has been leader of the Independence party since 2009.
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Topics of Interest

Fiscal Budget
Treasury

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