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|c 5.00 USD
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|z 9781513570433
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
|b European Dept.
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|a Iceland :
|b Sixth Post-Program Monitoring Discussions.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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|a 1 online resource (65 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper discusses the recommendations of the Sixth Post-program Monitoring Discussions with Iceland. Iceland recently updated its capital account liberalization strategy. The strategy takes a staged approach, starting with steps to address the balance-of-payments overhang of the old bank estates-prioritizing a cooperative approach with incentives-in a manner consistent with maintaining stability. Growth is accelerating in 2015 and is expected to reach 4.1 percent, backed by significant investment, wage- and debt relief-fueled consumption, and booming tourism. The general government is projected to record a surplus of 0.8 percent of GDP in 2015, helped by large one-offs. Small deficits are also expected over 2016-20.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2015/160
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2015/160/002.2015.issue-160-en.xml
|z IMF e-Library
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