Iceland : Request for Stand-By Arrangement; Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland.
This paper examines key findings of Iceland's Request for a Stand-By Arrangement from the IMF. Iceland's economy is in the midst of a banking crisis of extraordinary proportions that is expected to lead to a deep recession, a sharp rise in the fiscal deficit, and a dramatic surge in public...
| مؤلف مشترك: | |
|---|---|
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| سلاسل: | IMF Staff Country Reports; Country Report ;
No. 2008/362 |
| الوصول للمادة أونلاين: | Full text available on IMF |
| الملخص: | This paper examines key findings of Iceland's Request for a Stand-By Arrangement from the IMF. Iceland's economy is in the midst of a banking crisis of extraordinary proportions that is expected to lead to a deep recession, a sharp rise in the fiscal deficit, and a dramatic surge in public sector debt, reflecting a high fiscal cost of restructuring the banking system. The virtual collapse of the on-shore foreign exchange market poses a serious and immediate risk to the economy considering its high import dependence. |
|---|---|
| وصف المادة: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| وصف مادي: | 1 online resource (87 pages) |
| التنسيق: | Mode of access: Internet |
| تدمد: | 1934-7685 |
| وصول: | Electronic access restricted to authorized BRAC University faculty, staff and students |