Fitch Ratings has revised the Outlook on Iceland’s Long-Term-Foreign-Currency (LT FC) Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at ‘A’. The Positive Outlook reflects Iceland´s strengthened public finances. General government debt is projected to fall significantly in 2025 after the successful settlement of the Housing Financing Fund´s (HF Fund) liabilities and the full privatisation of Islandsbanki. Progress continues in diversifying the economy into higher-value-added sectors ...