Iceland
Cover -- CONTENTS -- AT A GLANCE -- THE SETTING -- A. Recent Indicators -- B. Baseline Outlook -- C. Risks Around the Baseline -- MACROECONOMIC POLICIES -- A. Fiscal and Public Debt Management Policy -- B. Monetary, Exchange Rate, and Reserve Management Policy -- C. Macroprudential and Capital Flow Management Policy -- FINANCIAL SECTOR OVERSIGHT -- A. Financial Oversight Architecture Reform -- B. Strengthening the AML/CFT Framework -- STRUCTURAL REFORMS -- STAFF APPRAISAL -- BOXES -- 1. Revised Fiscal Policy Statement and Medium-Term Plan -- 2. External Sector Assessment -- TABLES -- 1. Selected Economic Indicators, 2015-24 -- 2. Money and Banking, 2015-24 -- 3. Financial Soundness Indicators, 2015Q4-19Q3 -- 4. General Government Operations, 2015-24 -- 5. General Government Financial Balance Sheet, 2015-24 -- 6. Balance of Payments, 2015-24 -- 7. International Investment Position, 2009-18 -- ANNEXES -- I. Responses to Past Policy Recommendations -- II. Risk Assessment Matrix -- III. Public Sector Debt Sustainability Analysis -- IV. External Debt Sustainability Analysis -- V. The Real Estate Market in Iceland -- VI. Foreign Reserves and the Build-up of Excess Structural Liquidity -- VII. Iceland's Financial Oversight Architecture Reform -- VIII. Strengthening Iceland's AML/CFT Framework -- CONTENTS -- FUND RELATIONS -- STATISTICAL ISSUES.