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  • Ministry of Finance and Economic Affairs

    2016 - Fiscal Budget Information

    Information regarding the 2016 fiscal budget General presentation of economic prospects and public finances 2016 National Budget proposal - Press release Table 1, Treasury Operating statement (PD...


  • Ministry of Social Affairs and Labour

    Welfare risk  – how to react to crises?

    An open lecture were the main projects of the Nordic Welfare Watch will be presented, will be held at the Nordic house, Thursday September 17th from 12.00-13.15. The Nordic Welfare Watch is a part of...


  • Ministry of Finance and Economic Affairs

    National Budget proposal 2016 

    Balanced budget for the third consecutive year Import duties revoked; personal income tax reduced Old-age and disability pensions increased Allocations to housing affairs increased ...


  • Ministry of Finance and Economic Affairs

    New OECD survey on Iceland economy

    Today, the OECD published a new economic survey on the Icelandic economic situation and policies. The previous survey was published in 2013. Angel Gurría, OECD Secretary-General, introduced the re...


  • Ministry for Foreign Affairs

    New OECD survey on Iceland economy

    Today, the OECD published a new economic survey on the Icelandic economic situation and policies. The previous survey was published in 2013. Angel Gurría, OECD Secretary-General, introduced the repor...


  • Ministry for Foreign Affairs

    Government deeply regrets Russia's decision on import ban

    The Icelandic government deeply regrets the decision of the Russian government to add Iceland to the list of countries that are subjected to an import ban to Russia. Today's decision adds Iceland, Alb...


  • Ministry of Social Affairs and Labour

    Public lecture: Danish Disasters!

    A century of accidents and catastrophes in Denmark - on land, sea and in the air. On August 20, 2015. More information


  • Ministry of Finance and Economic Affairs

    Treasury finances January-June 2015

    Statistics for Treasury finances for January-June 2015 are now available. Treasury finances Jan-Jun 2015


  • Ministry of Finance and Economic Affairs

    Treasury finances January-May 2015

    Statistics for Treasury finances for January-May 2015 are now available. Treasury finances Jan-May 2015


  • Ministry of Finance and Economic Affairs

    Republic of Iceland buys back 400 million of own bonds denominated in USD

    Republic of Iceland has purchased for cancellation nominal value of 400 million USD of the bond series “ICELAND 4.875% 06/16/16” (ISIN USX3446PDH48/US451029AD49). On 27 July 2015, the Republic of Ic...


  • Ministry of Finance and Economic Affairs

    Fitch Ratings upgrades Iceland to BBB+

    Fitch Ratings has upgraded Iceland's Long-term foreign currency Issuer Default Rating (IDR) to ‘BBB+' from ‘BBB‘ with a stable outlook.  Long-term local currency IDR was also upgraded  to ‘A...


  • Ministry for Foreign Affairs

    Due to “5-state consultation” on fishing in the Arctic Ocean

    The Ministry for Foreign Affairs has called the ambassadors of the United States of America, Denmark, Canada, Norway and the Russian Federation to a meeting in the ministry and made observations on ...


  • Ministry of Finance and Economic Affairs

    Standard and Poor's upgrades Iceland's rating

    Standard & Poor's Ratings Services has raised its long- and short-term foreign and local currency sovereign credit ratings on the Republic of Iceland to ‘BBB/A-2' from 'BBB-/A-3'. The outlook is S...


  • Ministry of Finance and Economic Affairs

    Treasury repays Avens bond

    Today the Treasury repaid the balance outstanding on the so-called Avens bond totalling EUR 192 million plus interest. The original face value of the bond, issued in 2010 and to be repaid in instalmen...


  • Ministry of Infrastructure

    National Cyber Strategy for Iceland released

    The National Cyber Security Strategy addresses the need to protect critical infrastructure as well as response to growing cyber security threats. The Strategy outlines cyber security vision until 202...


  • Ministry of Finance and Economic Affairs

    Legislation on Stability Levy adopted unanimously

    The Icelandic parliament Althingi today passed the Bill of the Minister of Finance and Economic Affairs on a stability levy, concerning which a political consensus was achieved in the Althingi. The ...


  • Ministry of Finance and Economic Affairs

    Moody's upgrades Iceland's rating

    Moody's has upgraded the government of Iceland's government debt ratings to Baa2 from Baa3. Moody‘s announced this yesterday. The rating outlook is stable.  According to Moody‘s press release ...


  • Ministry of Finance and Economic Affairs

    Treasury finances January-April 2015

    Statistics for Treasury finances for January-April 2015 are now available. Treasury finances January-April 2015


  • Ministry of Finance and Economic Affairs

    Government Accounts 2014

    The results of Government Accounts for 2014 have now been published and the accounts forwarded to the Althingi. The current balance for the year was positive by ISK 46.4 billion, which is a better tha...


  • Ministry of Finance and Economic Affairs

    Iceland in Continuing Consultations Regarding - Capital Control Liberalization (Glitnir)

    The Iceland Ministry of Finance today announced that it has continued its consultations with parties affected by the capital controls in Iceland about the proposals the Government is considering for...

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