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Statement by Per Callesen, Executive Director for Iceland and Lilja Alfredsdottir, Advisor to Executive Director

Statement by Per Callesen, Executive Director for Iceland and Lilja Alfredsdottir, Advisor to Executive Director »

Source: Iceland : Fourth Review under Stand-By Arrangement, Request for Waivers of Applicability, and Request for Establishment of Performance Criteria-Staff Report; Informational Annex; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland.

Volume/Issue: 2011/16

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2011

ISBN: 9781455213702

Keywords: debt, interest, central bank, external debt, budget

Iceland has made considerable progress under an economic program supported by the Stand-By Arrangement (SBA). Successful implementation of fiscal adjustment, effective use of capital controls, and financial sector...

Statement by Per Callesen, Executive Director for Iceland and Lilja Alfredsdottir, Advisor to Executive Director

Statement by Per Callesen, Executive Director for Iceland and Lilja Alfredsdottir, Advisor to Executive Director »

Source: Iceland : 2010 Article IV Consultation and Third Review under Stand-By Arrangement and Request for Modification of Performance Criteria-Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland.

Volume/Issue: 2010/305

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2010

ISBN: 9781455208555

Keywords: debt, interest, external debt, central bank, budget

Iceland's gross external debt rose above 600 percent of GDP, while households and corporations accumulated heavy debt burdens with large exposures to foreign exchange and inflation risk. The global banking crisis e...

Statement by the IMF Staff Representative

Statement by the IMF Staff Representative »

Source: Iceland : Staff Report for the 2006 Article IV Consultation

Volume/Issue: 2006/296

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 August 2006

ISBN: 9781451819328

Keywords: debt, interest, central bank, interest rate, article

Over the last three years, a rapid expansion in domestic demand has dramatically widened the current account deficit in Iceland. Demand expanded faster than supply, and evidence of overheating is widespread. Moneta...

Statement by the Staff Representative on Iceland Executive Board Meeting

Statement by the Staff Representative on Iceland Executive Board Meeting »

Source: Iceland : Staff Report for First Review under Stand-By Arrangement and Requests for Extension of the Arrangement, Waivers of Nonobservance of Performance Criteria, and Rephasing of Access

Volume/Issue: 2009/306

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 October 2009

ISBN: 9781451819410

Keywords: debt, interest, external debt, central bank, financial sector

This paper discusses key findings of the First Review Under the Stand-By Arrangement for Iceland. Post-crisis dynamics has followed the expected pattern: a sharp drop in GDP, rapid decline in inflation, shift of th...

Statement by Vilhjálmur Egilsson, Executive Director for Iceland

Statement by Vilhjálmur Egilsson, Executive Director for Iceland »

Source: Iceland : Staff Report for the 2003 Article IV Consultation

Volume/Issue: 2003/266

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 August 2003

ISBN: 9781451819243

Keywords: debt, interest, external debt, central bank, interest rate

Rapid growth during the second half of the 1990s led to overheating and the emergence of financial vulnerabilities by the end of the decade. Over the medium term, investment projects will impart a significant impet...