Iceland : Staff Report for the 2012 Article IV Consultation and First Post- Program Monitoring Discussion.
The 2012 Article IV Consultation reports that Iceland's fiscal consolidation is continuing, but at a slower pace. Moderate expenditure overruns materialized in 2011, which will partly spill over to 2012 and the medium term. A key priority is to put the medium-term fiscal path back on track, whi...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2012/089 |
| Online Access: | Full text available on IMF |
| Summary: | The 2012 Article IV Consultation reports that Iceland's fiscal consolidation is continuing, but at a slower pace. Moderate expenditure overruns materialized in 2011, which will partly spill over to 2012 and the medium term. A key priority is to put the medium-term fiscal path back on track, which can be achieved with additional fiscal measures of 1\2 percent of GDP. Lifting the capital controls remains an overarching policy challenge, given the significant locked-in funds. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (69 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |