According to the latest and final report by the IMF on Iceland’s economic recovery, volcanic eruptions and continued financial instability overseas both have potential to damage Iceland’s economic recovery, which the report otherwise praises. Read the full story

The International Monetary Fund decided at a meeting this week that conditions are right to end its Icelandic financial revival programme on schedule at the end of this month. The final tranche of funding was also approved by the board. Read the full story

Iceland’s Minister of Finance says that the country’s IMF recovery package is still on course to conclude this autumn. Read the full story

Following last weekend’s ‘no’ vote in the so-called Icesave referendum, Icelandic authorities have received assurances from the IMF and its Nordic partners that their joint Iceland recovery package is not in jeopardy. Read the full story

Franek Rozwadowski, the IMF representative in Iceland, says that it is unclear how Saturday’s ‘no’ result in the Icesave referendum will affect the national economy. Read the full story

The International Monetary Fund‘s Executive Board will address the fifth review of Iceland‘s Stand-By Arrangement in a meeting in April. Read the full story

The Executive Board of the International Monetary Fund (IMF) today approved the fourth review of the Economic Recovery Programme agreed by the IMF and the Icelandic government. This opens the way for disbursement of the fourth tranche of the Fund’s loan provided to the Icelandic government which amounts to around ISK 19 billion. In addition, financing assurances by the Nordic countries are also expected to be forthcoming following the review. Read the full story

The chief representative of the IMF in Iceland yesterday said that current protection measures for indebted householders are sufficient and that people now need to concentrate on using them to their full advantage. Read the full story

The Icelandic government has promised the IMF that it will not write off the debts of householders struggling to keep up with their mortgage repayments. Protesters have been stepping up pressure on the government to do more to help householders out of trouble – which was a key election promise. Read the full story

The Executive Board of the International Monetary Fund (IMF) today approved the third review of the Economic Recovery Programme agreed by the IMF and the Icelandic government. This opens the way for disbursement of the third tranche of the Fund’s loan provided to the Icelandic government which amounts to around ISK 19 billion. In addition, loans from Poland and Nordic countries are also expected to be forthcoming following the review. Read the full story