Iceland Second Post-Program Monitoring Discussions

The report throws light on the process of recovery from the global financial crisis in Iceland. The strong growth performance witnessed in 2011 seems to continue in 2012. The closing output gap and the decline in unemployment have been marked as positive changes. The major external and internal risk...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2012
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The report throws light on the process of recovery from the global financial crisis in Iceland. The strong growth performance witnessed in 2011 seems to continue in 2012. The closing output gap and the decline in unemployment have been marked as positive changes. The major external and internal risks to the financial sector are highlighted, and emphasis is laid on the need to address risks and achieve fiscal targets by maintaining a strong, independent, and adequately resourced Financial Supervisory Authority (FME)
Physical Description:49 pages
ISBN:9781475569674