News

Weekly Web Release December 22, 2005 - 12/22/05

Prepayment of 2006 taxes – The PAYE income tax – Legislation presented by the Minister of Finance that have been passed into law – The hidden value of Christmas cookies Further reading

Weekly Web Release December 15, 2005 - 12/16/05

Medium-term fiscal policy targets of Nordic countries – Registration of real property leases for VAT qualification – The number of double-taxation agreements Further reading

Weekly Web Release December 8, 2005 - 12/8/05

Merchandise imports in November – Disposable income of older persons highest in Iceland amongst Nordic countries – The 2005 supplementary fiscal budget and the 2006 fiscal budget become law Further reading

Weekly Web Release December 1, 2005 - 12/2/05

The world economy is improving – Moderate wage increases despite buoyant activity – Treasury finances January-October Further reading

Weekly Web Release November 24, 2005 - 11/25/05

How others see us – A comparison of national economic forecasts – The development of average incomes by age group Further reading

Weekly Web Release November 17, 2005 - 11/18/05

Fast growth of the labour market – New Gallup survey of business expectations – The state of discussions on double-taxation agreements

Further reading

Weekly Web Release November 10, 2005 - 11/11/05

Demographic developments – Meeting of EFTA and EU ministers of economy and finance

Further reading

Jobs, growth and globalisation - 11/8/05

Introductory speach made by Arni M. Mathiesen at a EFTA-EU ministerial meeting.

Further reading

Weekly Web Release November 3, 2005 - 11/4/05

Treasury finances, January-September 2005 – Corporate tax rises sharply between years – Merchandise imports in October

Further reading

Weekly Web Release October 27, 2005 - 10/28/05

Economic prospects in the Nordic countries - Wage agreements - towards gender equality - Presentation of fiscal finances on a national accounts basis Further reading

Weekly Web Release October 20, 2005 - 10/21/05

Measuring fiscal restraint and the fiscal accounts - What is the share of foreigners in Iceland? - The impact of ageing on public services Further reading

Weekly Web Release October 13, 2005 - 10/14/05

The tax burden in Iceland and other OECD countries - Contributions to church congregations - Treasury investment expenditure and economic growth Further reading

Weekly Web Release October 6, 2005 - 10/7/05

Treasury finances, January-August 2005 - The scope for using fiscal policy in the business cycle - Imports in September. Further reading

New Economic Forecast for 2005-2010 - 10/4/05

The Ministry of Finance has released a new forecast for the Icelandic economy for the years 2005 to 2007 in addition to a longer-term projection until 2010. Further reading

Economic Forecast for 2005-2010 - 10/1/05

The Ministry has published a economic forecast for the Icelandic Economy for the years 2005 - 2010. Further reading

Weekly Web Release September 29, 2005 - 9/30/05

Fifty years of the Economic Outlook - Treasury finances in 2004 - Abolished taxes Further reading

Weekly Web Release September 22, 2005 - 9/26/05

Government aid case before the EFTA Court - Outsourcing - Iceland dispenses advice Further reading

Weekly Web Release September 15, 2005 - 9/16/05

Household disposable income increasing sharply - A new pay system for central government agencies - Changes among state agency heads Further reading

Weekly Web Release September 8, 2005 - 9/9/05

Imports in August - The share of indexed government bonds is declining Further reading

Weekly Web Release September 1, 2005 - 9/2/05

Treasury finances, January - July 2005 - Review of EU Regional Aid Guidelines - Research award by the Ministry of Finance Further reading

Weekly Web Release August 25, 2005 - 8/26/05

Treasury expenditure by government function - Double-taxation developments. Further reading

Weekly Web Release August 18, 2005 - 8/19/05

Real prices of petrol have often been higher than now - Double-taxation developments - Status of negotiations with central government employees. Further reading

Weekly Web Release August 11, 2005 - 8/12/05

Voluntary pension saving is becoming more widespread - Agreements on an exchange of information on tax matters - The interest cost of the Treasury - Sales profits from Iceland Telecom in Treasury and national accounts Further reading

Weekly Web Release August 4, 2005 - 8/5/05

Imports in July - Treasury finances, January -June 2005 - Disposable income is still increasing Further reading

Treasury finances January - June 2005. Report date: August 4th, 2005 - 8/5/05

Figures for Treasury finances for the six months of 2005 are now available. Total Treasury revenue amounted to 165.5 billion increasing by 32 billion or 23.9%. Further reading

Weekly Web Release June 30, 2005 - 7/1/05

Treasury finances, January - May 2005 - The growth of productivity in the Nordic countries - Double-taxation developments Further reading

Treasury finances January - May 2005. Report date: June 30, 2005 - 7/1/05

Figures for Treasury finances for the five months of 2005 are now available. Total Treasury revenue amounted to 136.6 billion increasing by 27.4 billion or 25.1%. Further reading

Weekly Web Release June 23, 2005 - 6/24/05

The international competitiveness of Icelandic firms - Petrol taxes vary Further reading

Weekly Web Release June 16, 2005 - 6/16/05

Impressive overall economic performance - Should the tax reductions be postponed? - Development of incomes of the elderly Further reading

Weekly Web Release June 9, 2005 - 6/10/05

Prospects in the international economy - Appropriations for the University of Iceland - Research award by the Ministry of Finance

Further reading

Weekly Web Release June 2, 2005 - 6/3/05

Imports in May 2005 - Treasury finances, January-April - Cases of government support before ESA and the EFTA Court Further reading

Treasury finances January - April 2005. Report date: June 2, 2005 - 6/3/05

Figures for Treasury finances for the four months of 2005 are now available. Total Treasury revenue amounted to 114.3 billion, increasing by 23.2 billion or 25.4%. Further reading

Weekly Web Release May 26, 2005 - 5/27/05

Is the economy overheating - Nordic economic growth - New international accounting standards introduced. Further reading

Weekly Web Release May 19, 2005 - 5/20/05

Laws passed in the spring 2005 session of Althingi - Environmentally benign motor vehicles - Lower taxes increase the supply of labour Further reading

Weekly Web Release May 12, 2005 - 5/13/05

The impact of the diesel tax upon Treasury revenue - Treasury finances, January - March 2005 - Imports in April 2005 Further reading

Treasury finances January - March 2005. Report date: May 12, 2005 - 5/13/05

Figures for Treasury finances for the three months of 2005 are now available. Total Treasury revenue amounted to 79.4 billion, increasing by 14.8 billion or 25.4%. Further reading

Weekly Web Release April 28, 2005 - 5/2/05

Strong economic growth - The price of diesel fuel and petrol Further reading

Opening statement by the Minister of Finance at the conference on Public Procurement. - 4/28/05

The Minister of Finance addressed the conference on public procurement - held in collaboration between the Ministry of Finance, the State Trading Centre and the Institute for Public Administration and Politics of the University of Iceland.

Further reading

Economic Outlook for Iceland 2005 - 2010 (April 27, 2005) - 4/27/05

The Ministry has published a new economic forecast for Iceland 2005 - 2010

Further reading

Weekly Web Release April 14, 2005 - 4/15/05

Treasury contributions to the Municipal Equalisation Fund - Co-operation between the central government and financial services on the use of electronic identification - A double-taxation agreement with Mexico Further reading

Weekly Web Release April 7, 2005 - 4/8/05

Treasury finances, January - February 2005 - Imports in March 2005 - The government as purchaser of public services Further reading

Treasury finances January - February 2005. Report date: April 7, 2005 - 4/8/05

Total Treasury revenue amounted to 60,7 billion, increasing by 12 billion or 24,6% Further reading

Weekly Web Release March 31, 2005 - 4/1/05

The involvement of the government in the process of carbon sequestration pursuant to the Kyoto Protocol - New Gallup survey on business expectations Further reading

Weekly Web Release March 17, 2005 - 3/18/05

Growth in central government consumption in line with medium-term target -  Regulation on dyes in fuel and diesel oil - The public tender obligation Further reading

Treasury finances January 2005. Report date: March 10, 2005 - 3/11/05

Figures for Treasury finances for January 2005 are now available. Total Treasury revenue amounted to 29,9 billion, increasing by 6,4 billion or 27%. Further reading

Weekly Web Release March 3, 2005 - 3/4/05

Imports in February - Inflation is low in the EEA - Import of private automobiles Further reading

Weekly Web Release February 24, 2005 - 2/25/05

The changing labour market - Changes in annual accounts legislation - The present situation with regard to double-taxation treaties Further reading

Weekly Web Release February 17, 2005 - 2/18/05

Treasury finances, January - December 2004 - International assessments of the Icelandic economy Further reading

Treasury finances January - December 2004. Report date: February 17, 2005 - 2/18/05

Figures for Treasury finances for the year of 2004 are now available. Total Treasury revenue amounted to 280,7 billion, increasing by 21 billion or 8.1%. Further reading

Weekly Web Release January 27, 2005 - 1/28/05

New economic forecast -- restrictive economic policy - Prospects for the fisheries sector -- managing the challenges - The governments's ownership share in companies. Further reading