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  • December 21. 2018 Ministry of Finance and Economic Affairs

    Medium term debt management strategy 2019-2023

    Medium term debt management strategy.pdf


  • December 10. 2018 Ministry of Finance and Economic Affairs

    White Paper on a Future Vision for the Financial System

    A good regulatory framework and robust supervision, efficient banking operations and sound ownership of financial undertakings are the three main pillars which need to shape the future vision for the ...


  • December 07. 2018 Ministry of Finance and Economic Affairs

    Fitch affirms Iceland at A with a stable outlook

    Today, Fitch Ratings affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at A with a stable outlook. According to the rating agency, this rating balances the economy’s very high ...


  • December 07. 2018 Ministry of Finance and Economic Affairs

    S&P Global affirms Iceland at A/A1 with a stable outlook

    Today S&P Global affirmed Iceland’s A/A-1 long- and short-term foreign and local currency sovereign credit ratings with a stable outlook. According to the rating agency, Iceland’s fiscal and exter...


  • December 07. 2018 Ministry of Finance and Economic Affairs

    Amending bill of legislation on liberalisation of capital controls on offshore króna holders and implementation of special reserve requirement on capital inflows

    This morning the Government agreed to present to Parliament a bill of legislation from the Minister of Finance and Economic Affairs, which provides for amendments to the Act on the Treatment of Króna-...


  • November 23. 2018 Ministry of Finance and Economic Affairs

    Treasury buys back bonds for ISK 24bn

    This week the Treasury bought back its own bonds from the Central Bank of Iceland in the amount of ISK 24bn. The securities in question are nominal Treasury bonds in the RIKB 20, RIKB 22, RIKB 25, and...


  • November 06. 2018 Ministry of Finance and Economic Affairs

    Minutes of the meeting of the Financial Stability Council on October 5 2018

    Meeting held at the Ministry of Finance and Economic Affairs In attendance were: Bjarni Benediktsson, Minister of Finance and Economic Affairs, chairman; Már Guðmundsson, Governor of the Central Bank ...


  • November 05. 2018 Ministry of Finance and Economic Affairs

    Progress of the Plan for Removal of Capital Controls

    The Minister of Finance and Economic Affairs today published a report on the progress of plans to remove restrictions on cross-border capital movements and foreign currency trading. The minister shall...


  • October 12. 2018 Ministry of Finance and Economic Affairs

    Fourth meeting of the Financial Stability Council in 2018

    The fourth meeting of the Financial Stability Council in 2018 was held on Friday October 5th. The meeting discussed risks in the financial system which is still considered moderate, despite having inc...


  • October 11. 2018 Ministry of Finance and Economic Affairs

    Government accounts 2017

    The results of the Government accounts for 2017 have now been published and the accounts sent to Parliament. The accounts show a surplus of ISK 39bn, showing Iceland’s strong fiscal position. Revenues...


  • September 25. 2018 Ministry of Finance and Economic Affairs

    IMF Article IV visit to Iceland 13 – 25 September 2018

    A mission from the International Monetary Fund has issued the following concluding statement after a two week Article IV Consultation visit to Iceland. The mission met with representatives of governme...


  • September 21. 2018 Ministry of Finance and Economic Affairs

    Intent to establish a sovereign wealth fund in Iceland

    The authorities intend to establish a sovereign wealth fund, the National Fund of Iceland. The purpose of the Fund will primarily be to serve as a sort of disaster relief reserve for the nation, when ...


  • September 11. 2018 Ministry of Finance and Economic Affairs

    National Budget proposal 2019

    Treasury operated at ISK 29bn surplus Reduced levies on wage-earners — personal deduction to increase Child benefits to increase Healthcare in the forefront Increased all...


  • September 10. 2018 Ministry of Education Science and Culture, Ministry of Finance and Economic Affairs, Ministry of Industries and Innovation, Ministry of Transport and Local Government, Prime Minister's Office, Ministry for the Environment and Natural Resources

    Iceland launches new Climate Strategy, boosting efforts to reach Paris goals

    The Icelandic Government today announced a new Climate Strategy, intended to boost efforts in cutting net emissions. The new measures are to help Iceland meet its Paris Agreement targets for 2030 and ...


  • July 27. 2018 Ministry of Finance and Economic Affairs

    Minutes of the meeting of the Financial Stability Council on June 26 2018

    Meeting held at the Ministry of Finance and Economic Affairs In attendance were: Bjarni Benediktsson, Minister of Finance and Economic Affairs, chairman; Már Guðmundsson, Governor of the Central Bank ...


  • July 20. 2018 Ministry of Finance and Economic Affairs

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

    Moody’s Investors Service ("Moody’s") has today changed the Government of Iceland's sovereign rating outlook to positive from stable and affirmed Iceland’s A3 long-term issuer rating.  The key d...


  • June 28. 2018 Ministry of Finance and Economic Affairs

    Third meeting of the Financial Stability Council in 2018

    The Financial Stability Council held its third meeting of the year 2018 on Tuesday 26th of June. The meeting discussed that risk in the financial system was still moderate and that the output gap has ...


  • June 08. 2018 Ministry of Finance and Economic Affairs

    Fitch affirms Iceland at A with a stable outlook

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


  • May 16. 2018 Ministry of Finance and Economic Affairs

    Minutes of the meeting of the Financial Stability Council on March 20 2018

    Meeting held at the Ministry of Finance and Economic Affairs In attendance were: Bjarni Benediktsson, Minister of Finance and Economic Affairs, chairman; Már Guðmundsson, Governor of the Central Bank ...


  • April 27. 2018 Ministry of Finance and Economic Affairs

    Progress of the Plan for Removal of Capital Controls

    The Minister of Finance and Economic Affairs today published a report on the progress of plans to remove restrictions on cross-border capital movements and foreign currency trading. The minister shal...

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