19 December 2008

Vist from the IMF to Iceland from December 15-18, 2008

An International Monetary Fund (IMF) mission headed by Mr. Poul Thomsen yesterday concluded a four-day visit to Iceland to review recent financial, economic, and policy developments.

The review was part of the IMF's Emergency Financing Mechanism procedures, which were used to expedite the approval of the Stand-By Arrangement with Iceland on November 19, 2008 (see Press Release No. 08/256). During the visit, the mission had productive meetings with Iceland's authorities, as well as parliamentarians and various others representatives of the country's civil society.

A statement was issues from the Fund yesterday and it can be approached here.