Comprehensive strategy for capital account liberalisation

The objectives of the current liberalisation strategy are based on the fundamental principal that the controls must be lifted in stages without upsetting the balance in the economy and without imposing additional financial burdens on the Treasury or the Icelandic people.


Fitch Ratings upgrades Iceland to BBB+ - 24.7.2015

Fitch Ratings has upgraded Iceland's Long-term foreign currency Issuer Default Rating (IDR) to ‘BBB+' from ‘BBB‘ with a stable outlook.  Long-term local currency IDR was also upgraded  to ‘A-' from ‘BBB+' . The agency has also upgraded the Short-term foreign currency IDR to ‘F2' from ‘F3'and upgraded the Country Ceiling to ‘BBB+' from ‘BBB‘.


Standard and Poor's upgrades Iceland's rating - 17.7.2015

Standard & Poor's Ratings Services has raised its long- and short-term foreign and local currency sovereign credit ratings on the Republic of Iceland to ‘BBB/A-2' from 'BBB-/A-3'. The outlook is Stable.


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Bjarni Benediktsson, Minister of Finance and Economic Affairs

Bjarni Benediktsson

  • Minister of Finance and Economic Affairs since 23 May 2013
  • Chairman of the Independence Party since 2009
  • Member of the Alþingi since 2003