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...

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מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2008.
סדרה:IMF Staff Country Reports; Country Report ; No. 2008/362
גישה מקוונת:Full text available on IMF
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245 1 0 |a Iceland :   |b Request for Stand-By Arrangement; Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland. 
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520 3 |a 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. 
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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2008/362 
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