01726cas a2200241 a 4500 AALejournalIMF017724 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484304969 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Iceland : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iceland. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (59 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 2017 Article IV Consultation highlights Iceland's continued real GDP growth, driven by tourism. Growth reached 7.2 percent in 2016 and is projected at almost 6 percent in 2017 before tapering to about 2.5 percent over the medium term. Bank credit to the nonfinancial private sector remains muted, growing only 4.3 percent in 2016, but it is expected to pick up. Thus far, growth has been driven not by leverage but by exports, private consumption, and investment. Iceland's current account surplus is projected to shrink modestly over time, with some export sectors suffering while others thrive. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/163 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/163/002.2017.issue-163-en.xml IMF e-Library