Executive summary
- Authors:
- OECD
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Pages
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10–11
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DOI
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10.1787/eco_surveys-isl-2011-2-en
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Abstract
Iceland is resolving the economic problems left by the financial crisis. It is well advanced in implementing the comprehensive programme agreed with the IMF. The economy stopped contracting by late 2010 and a consumption and business investment-led recovery is projected to gather momentum, lifting economic growth to 3 per cent by 2012. Inflation is projected to remain low and the underlying current account surplus to be sustained.