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  • November 10. 2022 / Ministry of Finance and Economic Affairs

    Financing for Gender Equality

    Today the Minister of Finance and Economic Affairs met with Ms. Sima Bahous, Executive Director of UN Women, who is in Iceland for the Reykjavík Global Forum – Women Leaders. The Minister and the Exec...


  • October 20. 2022 / Ministry of Finance and Economic Affairs

    Report to Althingi on the HF-Fund’s position and the next steps

    The Ministry of Finance and Economic Affairs has issued a report on the status of the HF-Fund. The report sets out scenarios for possible evolution of the fund over the coming decades, given assumed c...


  • September 16. 2022 / Ministry of Finance and Economic Affairs

    Fitch Affirms Iceland at ‘A’; Outlook Stable

    Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Iceland's 'A' rating is driven by its very high income per capita and very str...


  • September 15. 2022 / Ministry of Finance and Economic Affairs

    Multi-country Consortium Comes Together to Launch Pan-European Payments Pilot for EU Digital ID Wallet

    A new multi-country consortium of Europe’s most trusted identity experts has today announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of ...


  • September 12. 2022 / Ministry of Finance and Economic Affairs

    2023 fiscal budget proposal: protecting purchasing power and combating inflation

      Safeguarding a strong position and taking targeted but sensible steps forwards – these are the main tasks for the coming term. This is the main theme of the fiscal budget proposal for 2023, pre...


  • August 04. 2022 / Ministry of Finance and Economic Affairs

    Iceland ranks # 4 in Digital in Europe

    Iceland lands 4th place in eGovernment Benchmark 2022 and continues to climb the list, following Malta, Estonia, and Luxemburg. This success results from the Icelandic Government's emphasis on digital...


  • May 31. 2022 / Ministry of Finance and Economic Affairs

    Government accounts 2021: Strong economic rebound confirms successful application of fiscal policy during the pandemic

    The results of the Government accounts for 2021 have now been published and the accounts sent to Parliament. According to the accounts, the outcome was negative by ISK 130 billion, as compared with a ...


  • May 13. 2022 / Ministry of Finance and Economic Affairs

    S&P Global Ratings Affirms Iceland‘s ratings at ‘A/A-1’; Outlook Remains Stable

    International rating agency S&P Global Ratings has affirmed Iceland‘s sovereign ratings at A/A-1 with a stable outlook. Iceland's economy has continued to recover, growing by more than 4% in 2021 ...


  • March 29. 2022 / Ministry of Finance and Economic Affairs

    Government unveils first fiscal plan: Progress and strong value creation in a progressive society

    Icelandic households and businesses are in a strong position, and the public debt outlook has improved substantially. With moderate spending growth and continued advances in growing export sectors, th...


  • March 18. 2022 / Ministry of Finance and Economic Affairs

    Fitch Revises Iceland's Outlook to Stable; Affirms at ‘A’

    Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ and revised the Rating Outlook to Stable from Negative. The revision of the Outlook to Stable reflec...


  • November 30. 2021 / Ministry of Finance and Economic Affairs

    Fiscal budget proposal for 2022

    The economic situation is better than was assumed in the National Budget for 2021, and the economy is more resilient than previously expected. Unemployment has fallen rapidly and real incomes have ris...


  • November 30. 2021 / Ministry of Finance and Economic Affairs

    Fiscal policy statement 2022-2026

    The Minister of Finance and Economic Affairs will introduce a proposal for a parliamentary resolution on the fiscal policy statement for 2022-2026 before Parliament today. According to the Act on Publ...


  • September 24. 2021 / Ministry of Finance and Economic Affairs

    Fitch Affirms Iceland at ‘A’; Outlook Negative

    Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Negative Outlook. The 'A' rating is driven by Iceland’s very high income per capita, very stro...


  • September 24. 2021 / Ministry of Finance and Economic Affairs

    Iceland’s Sovereign Sustainable Financing Framework

    The Ministry of Finance and Economic Affairs has issued a Sovereign Sustainable Financing Framework and been awarded a CICERO Dark Green rating by CICERO Shades of Green, a globally recognised second ...


  • June 29. 2021 / Ministry of Finance and Economic Affairs

    Treasury outcome affected by the pandemic

    The results of the Government accounts for 2020 have now been published and the accounts sent to Parliament. According to the accounts, the outcome was negative by ISK 144bn, as compared with a surplu...


  • May 14. 2021 / Ministry of Finance and Economic Affairs

    Iceland 'A/A-1' Ratings Affirmed; Outlook Stable

    S&P Global Ratings has affirmed its 'A/A-1' long- and short-term sovereign credit ratings on Iceland. The outlook is stable. Resilient domestic demand helped limit Iceland's economic contraction i...


  • April 20. 2021 / Ministry of Finance and Economic Affairs, Ministry of Health, Ministry of Justice, Ministry of Infrastructure, Prime Minister's Office, Ministry for Foreign Affairs

    COVID-19: Temporary introduction of stricter border measures

    The Government of Iceland has announced temporary border measures to counter the domestic spread of COVID-19. These measures aim to create conditions to allow lifting domestic restrictions as much as ...


  • April 19. 2021 / Ministry of Finance and Economic Affairs

    IMF mission concludes Article IV Consultation with Icelandic Authorities and other stakeholders

    The International Monetary Fund published its Concluding Statement today, after meeting with the Icelandic Authorities and other stakeholders over the past three weeks. The meetings were part of the ...


  • January 28. 2021 / Ministry of Finance and Economic Affairs

    Treasury issues eurobond with 0% coupon

    Today the Republic of Iceland issued a bond in the amount of 750 million euros, the equivalent of ISK 117bn. The bond bears fixed 0% interest and is issued for seven years at a yield of 0,117%. Inves...


  • January 21. 2021 / Ministry of Justice, Ministry of Finance and Economic Affairs

    Nordic-Baltic countries engage the IMF to conduct an analysis of cross-border money laundering and terrorist financing risks in the region

    In the context of a voluntary effort, the Nordic-Baltic countries have asked the IMF to analyse most pertinent ML/TF threats and vulnerabilities in the region given the interconnectedness of the finan...

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