News

Iceland was the fastest growing European economy in the first half of the year. 1Rapid growth has gone hand-in-hand with a buoyant labour market, with negligible unemployment and 30,000 more employed ...

The overall outcome of Part A-1 of the Government accounts for 2022 is nearly ISK 100m more favourable than was provided for in the 2022 National Budget, and about ISK 50bn better than estimated in la...

Fitch Ratings has affirmed Iceland´s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. According to Fitch, Iceland's ‘A’ rating is underpinned by its very high incom...

Moody’s Investors Service (Moody’s) has today changed the outlook on Government of Iceland’s ratings to positive from stable and affirmed the local and foreign-currency issuer ratings at A2. The key...

The Republic of Iceland (the "Offeror") announces today the results of its invitation to holders of its €500,000,000 0.100 per cent. Notes due 20 June 2024 (ISIN: XS2015295814) (of which €500,000,000 ...

S&P Global Ratings has revised the rating outlook to for Iceland to positive from stable and affirmed Iceland‘s sovereign ratings at A/A-1. According to S&P, strong ongoing economic recovery f...

The Ministry of Finance and Economic Affairs has issued an updated Sovereign Sustainable Financing Framework, but the original framework was issued in September 2021. The update consists of minor adju...

The government's fiscal strategy plan for the next five years lays out its strategy to utilise fiscal policy in a targeted manner to counter inflation and overheating by increasing expenditure restrai...

The Ministry of Finance and Economic Affairs has published Medium-Term Debt Management Strategy for the period 2023-2027. The MTDMS is presented on the basis of the fiscal plan, in accordance with Art...

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...

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...

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...

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 ...

  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...

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...

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 ...

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 ...

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...

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...

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...