The Executive Board of the International Monetary Fund (IMF) today completed the first review of Iceland’s economic performance. The completion enables the process of $167.5 million loan to Iceland. The Ministry of Economic also announced that following the IMF completion an additional loan from the Nordic countries, amounting to $625 million, was expected.

Last Wednesday, Invest in Iceland Agency along with the Trade Council of Iceland and the Ministry of Industry, held a conference on Foreign Direct Investment into Iceland.