Knowledge

Ministry of Finance (Iceland)

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The main role of the Personnel Policy Department is to represent the Ministry in labor market matters and to present its views. The department also offers advice on the implementation and interpretation of laws, regulations, agreements and government decisions. The Wage Negotiations Committee of the
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The Budget Department's main job is to oversee the production of the government's fiscal budget. In addition the Budget Department provides support for the supplementary budget and the government accounts bill. The Budget Office oversees relations with other Ministries and the Parliament concerning
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The Economic Department is in charge of economic studies in Iceland. This involves surveying the economic situation and its prospects, and forecasting economic trends based on macroeconomic models. The Economic Department is also responsible for providing the revenue forecast for the fiscal budget
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is acting Permanent Secretary while Mr. Gudlaugsson is on leave. He runs the ministry on a day-to-day basis and is the chief liaison between the Minister and the civil servants. There are six departments of the Ministry of Finance, each of which is headed by a
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and performing research into tax and benefit systems. The department oversees the Treasury’s domestic and international cooperation concerning economic matters. Thorsteinn Thorgeirsson is Director-General for this department since January 1, 2005.
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The Administration Department is responsible for general operations of the Ministry, preparation of the ministry's annual operational budget and supervision of the Ministry's information services. It is headed by
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The Financial Management Department manages the government's assets and the Treasury fund. This department also ensures the proposed budget is carried out as per legal requirements and that the
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and interpret existing laws. It also conducts research into the impact of existing taxes and tax changes. The Director-General of this department is
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The main task of the department is to deal with tax matters, to draft bills for the
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Indridi H. Thorlaksson installed as acting Permanent Secretary, February 5, 2009
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Transparent government operations and an effective organizational structure
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Delivery of a reliable service with the emphasis on professional work
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Thorsteinn Thorgeirsson appointed Director-General, November 9, 2004
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Baldur Gudlaugsson appointed Permanent Secretary, October 6, 2000
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Responsible and performance oriented management of state finances
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is run efficiently. The Director-General of this department is
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Angantyr Einarsson appointed Director-General, August 15, 2008
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government operates in close cooperation with the department.
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Nokkvi Bragason appointed Director-General, December 31, 2008
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from November 1, 2000. From February 6 to April 30, 2009,
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is in charge of this department since March 1, 2008.
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Archived from 420: 171: 144: 50: 884:(Social Democratic) (1987–1988) 856:(Social Democratic) (1979–1980) 744:(Progressive Party) (1934–1939) 738:(Progressive Party) (1931–1934) 726:(Progressive Party) (1928–1931) 720:(Progressive Party) (1928–1929) 623:The Ministry's main goals are: 563:Financial Management Department 658:Kingdom of Iceland (1918–1942) 614:Skattrannsóknarstjóri Ríkisins 507:in the Ministry of Finance is 401:Iceland and the European Union 13: 1: 983: 964:Þórdís Kolbrún R. Gylfadóttir 630:and a high standard of living 27:Icelandic government ministry 18:Minister of Finance (Iceland) 1170:Finance and Economic Affairs 34:Headquarters of the ministry 7: 653:Former Ministers of Finance 579:Personnel Policy Department 10: 1285: 966:(Independence) (2023-2024) 960:(Independence) (2017–2023) 948:(Independence) (2013-2017) 940:Social Democratic Alliance 930:Social Democratic Alliance 912:(Independence) (2005–2009) 906:(Independence) (1998–2005) 900:(Independence) (1991–1998) 892:Social Democratic Alliance 878:(Independence) (1985–1987) 872:(Independence) (1983–1985) 844:(Independence) (1974–1978) 832:(Independence) (1965–1971) 826:(Independence) (1959–1965) 804:(Progressive) (1950–1954) 792:(Independence) (1949–1950) 786:(Independence) (1947–1949) 780:(Independence) (1944–1947) 732:(Progressive Party) (1931) 611: 251:President Benedikt Bogason 1203: 1180:Industries and Innovation 1148: 850:(Progressive) (1978–1979) 838:(Progressive) (1971–1974) 810:(Progressive) (1954–1958) 798:(Progressive) (1950–1954) 537:since September 1, 2007. 528:Administration Department 311:List of political parties 201:Prime Minister of Iceland 970:Sigurður Ingi Jóhannsson 916:Steingrímur J. Sigfússon 882:Jón Baldvin Hannibalsson 814:Guðmundur Í. Guðmundsson 493:Sigurður Ingi Jóhannsson 408:(1950s / 1970s) 324:Administrative divisions 243:Supreme Court of Iceland 1153:Prime Minister's Office 842:Matthías Árni Mathiesen 692:Heimastjórnarflokkurinn 74:Constitution of Iceland 1160:Education and Children 888:Ólafur Ragnar Grímsson 854:Sighvatur Björgvinsson 517:Indridi H. Thorlaksson 482: 35: 1269:Ministries of finance 1240:64.14778°N 21.93167°W 1142:Ministries of Iceland 926:Oddný G. Harðardóttir 836:Halldór E. Sigurðsson 619:Goals of the Ministry 258:Justices of the Court 139:Members of Parliament 95:Constitutional reform 33: 954:(Reform) (2017-2017) 952:Benedikt Jóhannesson 602:Marianna Jonasdottir 511:, who was appointed 489:Icelandic government 180:President of Iceland 1245:64.14778; -21.93167 1236: /  958:Bjarni Benediktsson 946:Bjarni Benediktsson 936:Katrín Júlíusdóttir 784:Jóhann Þ. Jósefsson 730:Tryggvi Þórhallsson 718:Tryggvi Þórhallsson 708:Magnús Kristjánsson 554:Economic Department 513:Permanent Secretary 477:Ministry of Finance 386:Diplomatic missions 209:Bjarni Benediktsson 43:Politics of Iceland 1211:Statistics Iceland 870:Albert Guðmundsson 752:Independence Party 676:Magnús Guðmundsson 664:Björn Kristjánsson 628:Economic stability 535:Angantyr Einarsson 509:Baldur Gudlaugsson 483:Fjármálaráðuneytið 427:Iceland portal 36: 1219: 1218: 1089:www.government.is 976:) (2024- Present) 910:Árni M. Mathiesen 898:Friðrik Sophusson 876:Þorsteinn Pálsson 864:People's Alliance 824:Gunnar Thoroddsen 818:Social Democratic 802:Skúli Guðmundsson 736:Ásgeir Ásgeirsson 712:Progressive Party 573:Thorhallur Arason 541:Budget Department 470: 469: 379:Foreign relations 304:Political parties 188:Halla Tómasdóttir 127:Birgir Ármannsson 16:(Redirected from 1276: 1251: 1250: 1248: 1247: 1246: 1241: 1237: 1234: 1233: 1232: 1229: 1135: 1128: 1121: 1112: 1111: 1093: 1092: 1081: 1064: 1063: 1052: 1043: 1038: 1032: 1027: 1021: 1016: 1010: 1005: 999: 994: 808:Eysteinn Jónsson 796:Eysteinn Jónsson 742:Eysteinn Jónsson 702:Íhaldsflokkurinn 586:Gunnar Bjornsson 569:executive branch 522:Director-General 485: 462: 455: 448: 425: 424: 423: 409: 366: 352: 338: 175: 148: 54: 38: 37: 21: 1284: 1283: 1279: 1278: 1277: 1275: 1274: 1273: 1254: 1253: 1244: 1242: 1238: 1235: 1230: 1227: 1225: 1223: 1222: 1220: 1215: 1199: 1175:Foreign Affairs 1144: 1139: 1102: 1097: 1096: 1083: 1082: 1067: 1054: 1053: 1046: 1039: 1035: 1028: 1024: 1017: 1013: 1006: 1002: 995: 991: 986: 778:Pétur Magnússon 764: 688:Klemens Jónsson 670:Sigurður Eggerz 660: 655: 621: 616: 610: 594: 581: 565: 556: 548:Nokkvi Bragason 543: 530: 501: 466: 437: 433:Other countries 421: 419: 414: 413: 407: 381: 371: 370: 360: 346: 345:Municipalities 332: 326: 316: 315: 306: 296: 295: 291:2012 referendum 287: 273: 263: 262: 237: 227: 226: 218: 169: 159: 158: 150: 110: 100: 99: 91: 68: 45: 28: 23: 22: 15: 12: 11: 5: 1282: 1272: 1271: 1266: 1217: 1216: 1214: 1213: 1204: 1201: 1200: 1198: 1197: 1192: 1187: 1182: 1177: 1172: 1167: 1162: 1156: 1155: 1149: 1146: 1145: 1138: 1137: 1130: 1123: 1115: 1109: 1108: 1101: 1100:External links 1098: 1095: 1094: 1065: 1062:on 2010-03-25. 1044: 1033: 1022: 1011: 1000: 988: 987: 985: 982: 978: 977: 967: 961: 955: 949: 943: 933: 923: 913: 907: 904:Geir H. Haarde 901: 895: 885: 879: 873: 867: 860:Ragnar Arnalds 857: 851: 845: 839: 833: 830:Magnús Jónsson 827: 821: 811: 805: 799: 793: 790:Björn Ólafsson 787: 781: 775: 768:Björn Ólafsson 763: 760: 756: 755: 745: 739: 733: 727: 721: 715: 705: 698:Jón Þorláksson 695: 685: 682:Magnús Jónsson 679: 673: 667: 659: 656: 654: 651: 650: 649: 646: 643: 640: 637: 634: 631: 620: 617: 612:Main article: 609: 606: 593: 590: 580: 577: 564: 561: 555: 552: 542: 539: 529: 526: 500: 497: 468: 467: 465: 464: 457: 450: 442: 439: 438: 436: 435: 429: 416: 415: 412: 411: 403: 398: 393: 388: 382: 377: 376: 373: 372: 369: 368: 355: 354: 341: 340: 327: 322: 321: 318: 317: 314: 313: 307: 302: 301: 298: 297: 294: 293: 286: 285: 280: 274: 269: 268: 265: 264: 261: 260: 254: 253: 247: 246: 238: 233: 232: 229: 228: 225: 224: 217: 216: 205: 204: 196: 195: 184: 183: 170: 165: 164: 161: 160: 157: 156: 154:Constituencies 142: 141: 135: 134: 120: 119: 111: 106: 105: 102: 101: 98: 97: 90: 89: 84: 78: 77: 69: 64: 63: 60: 59: 56: 55: 47: 46: 41: 26: 9: 6: 4: 3: 2: 1281: 1270: 1267: 1265: 1262: 1261: 1259: 1252: 1249: 1212: 1209: 1206: 1205: 1202: 1196: 1193: 1191: 1188: 1186: 1183: 1181: 1178: 1176: 1173: 1171: 1168: 1166: 1163: 1161: 1158: 1157: 1154: 1151: 1150: 1147: 1143: 1136: 1131: 1129: 1124: 1122: 1117: 1116: 1113: 1107: 1106:Official site 1104: 1103: 1090: 1086: 1080: 1078: 1076: 1074: 1072: 1070: 1061: 1057: 1051: 1049: 1042: 1037: 1031: 1026: 1020: 1015: 1009: 1004: 998: 993: 989: 981: 975: 971: 968: 965: 962: 959: 956: 953: 950: 947: 944: 942:) (2012-2013) 941: 937: 934: 932:) (2011-2012) 931: 927: 924: 922:) (2009–2011) 921: 917: 914: 911: 908: 905: 902: 899: 896: 894:) (1989–1991) 893: 889: 886: 883: 880: 877: 874: 871: 868: 866:) (1980–1983) 865: 861: 858: 855: 852: 849: 848:Tómas Árnason 846: 843: 840: 837: 834: 831: 828: 825: 822: 820:) (1958–1959) 819: 815: 812: 809: 806: 803: 800: 797: 794: 791: 788: 785: 782: 779: 776: 774:) (1942–1944) 773: 769: 766: 765: 759: 754:) (1939–1942) 753: 749: 746: 743: 740: 737: 734: 731: 728: 725: 724:Einar Árnason 722: 719: 716: 714:) (1927–1928) 713: 709: 706: 704:) (1924–1927) 703: 699: 696: 694:) (1923–1924) 693: 689: 686: 683: 680: 677: 674: 671: 668: 665: 662: 661: 647: 644: 641: 638: 635: 632: 629: 626: 625: 624: 615: 605: 603: 599: 589: 587: 576: 574: 570: 560: 551: 549: 538: 536: 525: 523: 518: 514: 510: 506: 505:civil servant 496: 494: 490: 486: 484: 478: 475: 463: 458: 456: 451: 449: 444: 443: 441: 440: 434: 431: 430: 428: 418: 417: 410: 404: 402: 399: 397: 394: 392: 389: 387: 384: 383: 380: 375: 374: 367: 364: 357: 356: 353: 350: 343: 342: 339: 336: 329: 328: 325: 320: 319: 312: 309: 308: 305: 300: 299: 292: 289: 288: 284: 283:Parliamentary 281: 279: 276: 275: 272: 267: 266: 259: 256: 255: 252: 249: 248: 245: 244: 240: 239: 236: 231: 230: 223: 220: 219: 214: 210: 207: 206: 203: 202: 198: 197: 193: 189: 186: 185: 182: 181: 177: 176: 174: 168: 163: 162: 155: 152: 151: 149: 147: 140: 137: 136: 132: 128: 125: 122: 121: 118: 117: 113: 112: 109: 104: 103: 96: 93: 92: 88: 85: 83: 80: 79: 76: 75: 71: 70: 67: 62: 61: 58: 57: 53: 49: 48: 44: 40: 39: 32: 19: 1221: 1207: 1088: 1060:the original 1036: 1025: 1014: 1003: 992: 979: 771: 757: 748:Jakob Möller 701: 691: 622: 595: 582: 566: 557: 544: 531: 502: 480: 479:(Icelandic: 476: 471: 362: 349:Sveitarfélög 348: 334: 278:Presidential 241: 199: 178: 143: 114: 72: 1243: / 974:Progressive 772:independent 684:(1922–1923) 678:(1920–1922) 672:(1917–1920) 359:Localities 335:Landshlutar 108:Legislature 1258:Categories 1231:21°55′54″W 1228:64°08′52″N 984:References 920:Left Green 396:in Iceland 391:of Iceland 363:Kaupstaðir 66:Government 980:Source: 758:Source: 474:Icelandic 406:Cod Wars 271:Elections 235:Judiciary 167:Executive 1208:Defunct: 1185:Interior 598:Althingi 503:The top 331:Regions 87:Taxation 1195:Welfare 222:Cabinet 124:Speaker 116:Althing 666:(1917) 472:The 82:Law 1260:: 1087:. 1068:^ 1047:^ 604:. 575:. 495:. 1134:e 1127:t 1120:v 1091:. 972:( 938:( 928:( 918:( 890:( 862:( 816:( 770:( 750:( 710:( 700:( 690:( 461:e 454:t 447:v 365:) 361:( 351:) 347:( 337:) 333:( 215:) 213:D 211:( 194:) 192:I 190:( 133:) 131:D 129:( 20:)

Index

Minister of Finance (Iceland)

Politics of Iceland

Government
Constitution of Iceland
Law
Taxation
Constitutional reform
Legislature
Althing
Speaker
Birgir Ármannsson
D
Members of Parliament

Constituencies
Executive

President of Iceland
Halla Tómasdóttir
I
Prime Minister of Iceland
Bjarni Benediktsson
D
Cabinet
Judiciary
Supreme Court of Iceland
President Benedikt Bogason
Justices of the Court

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