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Iceland: 2022 Article IV Consultation - Press Release; and Staff Report
Author:
International Monetary Fund. European Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 193
Language:
English
Publication Date:
27 Jun 2022
DOI:
https://doi.org/10.5089/9798400212222.002
ISBN:
9798400212222
ISSN:
1934-7685
Pages:
78
Keywords:
inflation expectation; liability positions vis-à-vis nonresident; steering inflation; housing policy; data standard; rising prices; policy coordination; Inflation; Housing prices; Housing; Government finance statistics; Central bank policy rate; Global
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Iceland's economy has weathered multiple shocks since 2019 relatively well. The economic outlook is positive but suggests long-term scarring. The risks are tilted to the downside and are associated with the global impact of a potential escalation in the war in Ukraine, the pandemic, economic disruptions, and tighter global financial conditions. On the upside, tourism and new innovative industries could help the economy recover faster.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2022: Issue 193