The Government of Iceland has announced a 1.6bn USD response package to the COVID-19 crisis. It includes state-backed bridging loans for companies, defferal of tax payments, financial support for the tourism sector and up to 75% of salaries paid as part-time unemployment benefits.
Icelandic authorities have activated a Pandemic Influenza Response Plan. The main objective is that Iceland's infrastructure, particularly the health care system, will withstand the strain caused by COVID-19.The government is also announcing an extensive relief package for industries, companies and individual affected by the pandemic.
Effective on 1 April 2020, the Bank will list only the mid-exchange rate of all currencies in its exchange rate listings. Publication of buying and selling rates has been discontinued. The Central Bank of Iceland announced the change on 9 October 2019.
Economic Indicators, a quarterly summary of economic developments and compendium of statistics, have been posted here on the Central Bank of Iceland website.
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