fjárlagaáætlunina
Fjárhagsáætlunin is the Icelandic term for the state budget. It is a crucial financial plan that outlines the government's projected revenue and expenditures for a fiscal year. The Ministry of Finance and Economic Affairs is responsible for preparing the budget, which is then presented to the Althing (the Icelandic Parliament) for approval.
The fjárhagsáætlunin details how public funds will be allocated across various sectors, including healthcare, education, infrastructure,
The process of creating and approving the fjárhagsáætlunin involves extensive consultation and debate. Following its approval,