Iceland: Selected Issues Paper
This selected issues paper on Iceland reports that since mid-2009, Iceland has undergone a heavily frontloaded fiscal consolidation program to bring government finances to a sustainable level. To maintain the adjustment gains achieved during the last 2½ years, the authorities have started drafting a...
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ftrepec:oai:RePEc:imf:imfscr:2012/090 2024-04-14T08:13:25+00:00 Iceland: Selected Issues Paper International Monetary Fund http://www.imf.org/external/pubs/cat/longres.aspx?sk=25854 unknown http://www.imf.org/external/pubs/cat/longres.aspx?sk=25854 preprint ftrepec 2024-03-19T10:41:23Z This selected issues paper on Iceland reports that since mid-2009, Iceland has undergone a heavily frontloaded fiscal consolidation program to bring government finances to a sustainable level. To maintain the adjustment gains achieved during the last 2½ years, the authorities have started drafting a new organic budget law, which would codify recent reforms in the budget framework and introduce principles for fiscal policymaking. Iceland’s economy is exposed to adverse shocks. The external outlook continues to pose challenges, as key trading partners face weak growth prospects. ISCR;CR;monetary policy;exchange rate; expenditure growth; inflation expectation; inflation targeting framework; growth limit; monetary policy framework; Inflation; Fiscal stance; Inflation targeting; Output gap; Global; Europe Report Iceland RePEc (Research Papers in Economics) |
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RePEc (Research Papers in Economics) |
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This selected issues paper on Iceland reports that since mid-2009, Iceland has undergone a heavily frontloaded fiscal consolidation program to bring government finances to a sustainable level. To maintain the adjustment gains achieved during the last 2½ years, the authorities have started drafting a new organic budget law, which would codify recent reforms in the budget framework and introduce principles for fiscal policymaking. Iceland’s economy is exposed to adverse shocks. The external outlook continues to pose challenges, as key trading partners face weak growth prospects. ISCR;CR;monetary policy;exchange rate; expenditure growth; inflation expectation; inflation targeting framework; growth limit; monetary policy framework; Inflation; Fiscal stance; Inflation targeting; Output gap; Global; Europe |
format |
Report |
author |
International Monetary Fund |
spellingShingle |
International Monetary Fund Iceland: Selected Issues Paper |
author_facet |
International Monetary Fund |
author_sort |
International Monetary Fund |
title |
Iceland: Selected Issues Paper |
title_short |
Iceland: Selected Issues Paper |
title_full |
Iceland: Selected Issues Paper |
title_fullStr |
Iceland: Selected Issues Paper |
title_full_unstemmed |
Iceland: Selected Issues Paper |
title_sort |
iceland: selected issues paper |
url |
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25854 |
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Iceland |
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Iceland |
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http://www.imf.org/external/pubs/cat/longres.aspx?sk=25854 |
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1796311398776569856 |