Iceland and the International Monetary Fund set at positive 2-3 percent by 2010. Additionally Iceland determined that it would not support the losses of its pension funds and social service programmes in order not to take up additional obligations. One of the primary objectives of the Icelandic government in seeking an IMF programme was to stabilize the ISK and to set a path for its gradual appreciation. To stabilize short term pressures on the ISK the Central Bank of Iceland raised interest rates to 18% and prepared to back the krona with its foreign reserves, specifically for which Iceland asked for an IMF programme . The
Military of Iceland the ICRU's assignments, all of its members receive basic infantry combat training. This training has often been conducted by the Norwegian Army, but the Coast Guard and the Special forces are also assigned to train the ICRU. Most of the ICRU's camouflage and weaponry is procured from abroad, with some indigenous development. Some arms and uniforms are also borrowed from the Norwegian Defence Forces. The formation and employment of the unit has met controversy in Iceland, especially by people to the left on the political scale. In October 2004, three ICRU soldiers were wounded in a suicide bombing in Kabul.