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  • 24 May 2023 / Ministry of Finance and Economic Affairs

    Republic of Iceland Eurobond buyback

    The Republic of Iceland (the "Offeror") announces today the results of its invitation to holders of its €500,000,000 0.100 per cent. Notes due 20 June 2024 (ISIN: XS2015295814) (of which €500,000,000 ...


  • 28 April 2023 / Ministry of Finance and Economic Affairs

    Updated Sovereign Sustainable Financing Framework and an Annex on Financing for Gender Equality

    The Ministry of Finance and Economic Affairs has issued an updated Sovereign Sustainable Financing Framework, but the original framework was issued in September 2021. The update consists of minor adju...


  • 29 March 2023 / Ministry of Finance and Economic Affairs

    Medium-term Fiscal Strategy Plan 2024-2028: to counter inflation, safeguard living standards and support growth

    The government's fiscal strategy plan for the next five years lays out its strategy to utilise fiscal policy in a targeted manner to counter inflation and overheating by increasing expenditure restrai...


  • 11 March 2023 / Ministry of Finance and Economic Affairs

    Fitch Affirms Iceland at ‘A’; Outlook Stable

    Fitch Ratings has affirmed Iceland´s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. According to Fitch, Iceland’s ‘A’ rating is underpinned by its very high incom...


  • 30 December 2022 / Ministry of Finance and Economic Affairs

    ​Medium-Term Debt Management Strategy 2023-2027

    The Ministry of Finance and Economic Affairs has published Medium-Term Debt Management Strategy for the period 2023-2027. The MTDMS is presented on the basis of the fiscal plan, in accordance with Art...


  • 10 November 2022 / Ministry of Finance and Economic Affairs

    Financing for Gender Equality

    Today the Minister of Finance and Economic Affairs met with Ms. Sima Bahous, Executive Director of UN Women, who is in Iceland for the Reykjavík Global Forum – Women Leaders. The Minister and the Exec...


  • 20 October 2022 / Ministry of Finance and Economic Affairs

    Report to Althingi on the HF-Fund’s position and the next steps

    The Ministry of Finance and Economic Affairs has issued a report on the status of the HF-Fund. The report sets out scenarios for possible evolution of the fund over the coming decades, given assumed c...


  • 16 September 2022 / Ministry of Finance and Economic Affairs

    Fitch Affirms Iceland at ‘A’; Outlook Stable

    Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Iceland's 'A' rating is driven by its very high income per capita and very str...


  • 15 September 2022 / Ministry of Finance and Economic Affairs

    Multi-country Consortium Comes Together to Launch Pan-European Payments Pilot for EU Digital ID Wallet

    A new multi-country consortium of Europe’s most trusted identity experts has today announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of ...


  • 12 September 2022 / Ministry of Finance and Economic Affairs

    2023 fiscal budget proposal: protecting purchasing power and combating inflation

      Safeguarding a strong position and taking targeted but sensible steps forwards – these are the main tasks for the coming term. This is the main theme of the fiscal budget proposal for 2023, pre...


  • 04 August 2022 / Ministry of Finance and Economic Affairs

    Iceland ranks # 4 in Digital in Europe

    Iceland lands 4th place in eGovernment Benchmark 2022 and continues to climb the list, following Malta, Estonia, and Luxemburg. This success results from the Icelandic Government's emphasis on digital...


  • 31 May 2022 / Ministry of Finance and Economic Affairs

    Government accounts 2021: Strong economic rebound confirms successful application of fiscal policy during the pandemic

    The results of the Government accounts for 2021 have now been published and the accounts sent to Parliament. According to the accounts, the outcome was negative by ISK 130 billion, as compared with a ...


  • 13 May 2022 / Ministry of Finance and Economic Affairs

    S&P Global Ratings Affirms Iceland‘s ratings at ‘A/A-1’; Outlook Remains Stable

    International rating agency S&P Global Ratings has affirmed Iceland‘s sovereign ratings at A/A-1 with a stable outlook. Iceland's economy has continued to recover, growing by more than 4% in 2021 ...


  • 29 March 2022 / Ministry of Finance and Economic Affairs

    Government unveils first fiscal plan: Progress and strong value creation in a progressive society

    Icelandic households and businesses are in a strong position, and the public debt outlook has improved substantially. With moderate spending growth and continued advances in growing export sectors, th...


  • 18 March 2022 / Ministry of Finance and Economic Affairs

    Fitch Revises Iceland's Outlook to Stable; Affirms at ‘A’

    Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ and revised the Rating Outlook to Stable from Negative. The revision of the Outlook to Stable reflec...


  • 30 November 2021 / Ministry of Finance and Economic Affairs

    Fiscal budget proposal for 2022

    The economic situation is better than was assumed in the National Budget for 2021, and the economy is more resilient than previously expected. Unemployment has fallen rapidly and real incomes have ris...


  • 30 November 2021 / Ministry of Finance and Economic Affairs

    Fiscal policy statement 2022-2026

    The Minister of Finance and Economic Affairs will introduce a proposal for a parliamentary resolution on the fiscal policy statement for 2022-2026 before Parliament today. According to the Act on Publ...


  • 24 September 2021 / Ministry of Finance and Economic Affairs

    Fitch Affirms Iceland at ‘A’; Outlook Negative

    Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Negative Outlook. The 'A' rating is driven by Iceland’s very high income per capita, very stro...


  • 24 September 2021 / Ministry of Finance and Economic Affairs

    Iceland’s Sovereign Sustainable Financing Framework

    The Ministry of Finance and Economic Affairs has issued a Sovereign Sustainable Financing Framework and been awarded a CICERO Dark Green rating by CICERO Shades of Green, a globally recognised second ...


  • 29 June 2021 / Ministry of Finance and Economic Affairs

    Treasury outcome affected by the pandemic

    The results of the Government accounts for 2020 have now been published and the accounts sent to Parliament. According to the accounts, the outcome was negative by ISK 144bn, as compared with a surplu...

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