News

  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...

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...

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...

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 ...

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...

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...

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 ...

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 ...

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

The Government’s measures in response to the global COVID-19 pandemic have been highly successful, and the medium-term outlook is more favourable than was assumed last year. Households’ disposable inc...

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...

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...

The Ministry of Finance and Economic Affairs has published its updated Medium-Term Debt Management Strategy (MTDS) for 2021-2025. The strategy is based on the fiscal plan and sets forth targets and cr...

The Nordic Economic Outlook 2020, an annual report on the economic development in the Nordic Countries in terms of growth, business cycles and public finance has been published by the Nordic Coun...