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The Ministry of Finance and Economy expects that the total income of the Treasury will be about 20.7 billion ISK less next year than was assumed when the budget proposal for the year 2025 was submitted. Total expenditures, however, fall by 3.1 billion from thLooks like the deficit will be 17 billion more
The Ministry of Finance and Economy expects that the total income of the Treasury will be about 20.7 billion ISK less next year than was assumed when the budget proposal for the year 2025 was submitted. Total expenditures, however, fall by 3.1 billion from the bill's estimate in a reassessment presented by the ministry to the Alþingi's government budget committee. Read more