Landssjóður

Landssjóður is the central treasury of Iceland. It functions as the government's primary financial institution, responsible for managing the state's finances, including its revenues, expenditures, and debt. Landssjóður plays a crucial role in implementing fiscal policy and ensuring the stability of the Icelandic economy. It collects taxes and other government income, manages government investments, and oversees the issuance of government bonds to finance public projects and cover budget deficits. The institution is also responsible for the safekeeping of state assets and the administration of government funds. Landssjóður's operations are guided by Icelandic law and overseen by relevant government ministries. Its activities are essential for the day-to-day functioning of the Icelandic government and for maintaining public trust in the nation's financial management. The treasury's performance and policies are regularly reported on to the public and the Althing, Iceland's parliament.