01607cas a2200241 a 4500 AALejournalIMF011806 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475503128 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Iceland : Selected Issues Paper. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (39 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This selected issues paper on Iceland reports that since mid-2009, Iceland has undergone a heavily frontloaded fiscal consolidation program to bring government finances to a sustainable level. To maintain the adjustment gains achieved during the last 2 1\2 years, the authorities have started drafting a new organic budget law, which would codify recent reforms in the budget framework and introduce principles for fiscal policymaking. Iceland's economy is exposed to adverse shocks. The external outlook continues to pose challenges, as key trading partners face weak growth prospects. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/090 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/090/002.2012.issue-090-en.xml IMF e-Library