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First cabinet of Kristrún Frostadóttir
48th Cabinet of Iceland
2024-present
Date formed	21 December 2024 (2024-12-21)
People and organisations
President	Halla Tómasdóttir
Prime Minister	Kristrún Frostadóttir
No. of ministers	11
Member parties	Social Democratic Alliance (S)   Viðreisn (C)   People's Party (F)
Status in legislature	Majority government (coalition) 36 / 63 (57%)
Opposition parties	Independence Party (D)   Centre Party (M)   Progressive Party (B)
History
Election	2024 parliamentary election
Predecessor	Bjarni Benediktsson II

The Cabinet of Kristrún Frostadóttir was formed on 21 December 2024, following the 2024 Icelandic parliamentary election. The cabinet is led by Kristrún Frostadóttir of the Social Democratic Alliance. The ministers of the cabinet formally took office on 21 December.

The cabinet is a coalition government consisting of the Social Democratic Alliance, the Viðreisn and the People's Party. Together they hold 36 of the 63 seats in the Parliament of Iceland and serve as a majority government. There are eleven ministers in the cabinet, four each from the Social Democratic Alliance and from Viðreisn, and three from the People's Party.

Cabinet

The Cabinet is composed as follows:

1. Daði is not a member of the Althing.

Coalition priorities

Key policies were announced by the coalition government leaders:

• Key government commitments:
  • Housing security: Ensuring housing stability for citizens.
  • Poverty alleviation: Implementing measures to eliminate poverty.
  • Savings in administration: Rationalizing state spending and simplifying the tax system.
  • Infrastructure investments: Developing infrastructure, including healthcare and social systems.
  • Support for the Icelandic language: Initiatives to protect and promote the language. Enhancing support for migrants learning Icelandic.
  • Strengthen energy infrastructure and simplify the permitting process.
  • Achieve climate neutrality by 2040, promote biodiversity, and protect marine areas.
  • Holding a referendum on resuming negotiations for a potential accession of Iceland into the European Union, targeting to be held in 2027.
• New initiatives:
  • Streamlining public administration.
  • Simplifying the tax system and eliminating exceptions.
  • Formulating policies on natural resources and their sustainable use.
  • Expanding transportation, including the construction of road tunnels.
  • Reducing the impact of indexation on the economy.
• Priorities mentioned by S:
  • Economic stabilization.
  • Lowering interest rates.
  • Responsible public financial management.
  • Overcoming stagnation and supporting economic growth remain priorities.
  • Funding for initiatives would come from cost rationalization and improving the efficiency of the tax system.
  • No plans to increase VAT in tourism but to introduce fees for managing access to certain tourist attractions.
  • Progressive fees or an analysis of income bases in fishing fees are being considered.
• Priorities mentioned by C:
  • Streamlining public administration and reducing the number of ministries.
  • No increases in taxes, including income and capital gains taxes.
  • Introducing regulations for artificial intelligence.
  • Implementing new fees for accessing Iceland's natural attractions.
  • Increasing the number of police officers and strengthening public.
• Priorities mentioned by F:
  • Increasing the tax-free income threshold to ISK 60,000.
  • Introducing a lifetime pension for people with disabilities.
  • Establishing an ombudsman for the elderly.
  • Improving social support systems.
  • Addressing discrepancies between wages and pensions.
  • Strengthening the healthcare system.
  • Improving educational access for people with disabilities.
  • Revising immigration policies based on Nordic models.

References

1. ^ Margrét Adamsdóttir (21 December 2024). "We have a new government: summary of the press conference". RÚV.is. Retrieved 21 December 2024.
2. Ragnar Jón Hrólfsson (2024-12-21). "Ríkisstjórn Kristrúnar Frostadóttur tekur við völdum". ruv.is (in Icelandic). Ríkisútvarpið. Retrieved 2024-12-21.
3. Iceland Monitor. "These are the ministers of the government". Iceland Monitor.is. Retrieved 21 December 2024.

External links

• Website of the Icelandic Government (Icelandic)
• Website of the Icelandic Government (English)

• 2024 establishments in Iceland
• Icelandic cabinets
• Cabinets established in 2024
• Current governments in Europe
• Social Democratic Alliance