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 defences. Foremost of these are the National Security Unit, which handles intelligence operations and the special unit Víkingasveitin, a highly trained and equipped counter terrorism unit which is part of the National Police force. Additionally there is a Crisis Response Unit (ICRU), operated by the Ministry for Foreign Affairs, which is a small peacekeeping force that has been deployed internationally, since 2008. This unit also has an unarmed component. There is a treaty with the United States, regarding the defense of Iceland, which until 2006 maintained the Naval Air Station Keflavik. The base, now operated by the Icelandic Coast Guard,