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Moody's Affirms Iceland at A1, Outlook Stable

Moody's affirmed Iceland at A1 and kept the outlook stable.

By Fiona McAllister, Global Markets EditorPipDig Newsroomอ่านฉบับภาษาไทย
  • Moody's affirmed Iceland at A1.
  • The outlook is stable.
  • Moody's said policy supports stability and disinflation.

Policy assessment

Moody's said Iceland's strategy supports economic stability and helps bring inflation down.

Close-up of a shallow rain pool on dark volcanic basalt reflecting a muted Icelandic sky and the faint silhouette of a low mountain, with wet stone texture in soft dawn light; the reflection occupies the upper two thirds and the bottom of the frame is calm and uncluttered.
Moody's Affirms Iceland at A1, Outlook Stable

It also said coordinated government policy since the 2008 financial crisis has supported the building of buffers.

The agency said policy improves public finances.

Economy and resilience

Moody's pointed to meaningful progress in building knowledge-intensive activity in technology and health services.

It also said households have a strong economic position, low debt and large pension assets that improve their ability to handle shocks.

Source: GlobeNewswire,