Iceland and the International Monetary Fund Intent. The conditionalities include details of Banking Sector restructuring, changes to Fiscal Policy including government austerity and changes to exchange rate policies. Following the global financial crisis in 2007-2008 Iceland's banking sector collapsed leading to wide ranging unemployment and a lessening of support for the Icelandic currency - the Icelandic Krona ISK. This was triggered by an insolvency of the private banking sector. The largest Icelandic banks had liabilities in excess of 80 percent of GDP . Iceland requested assistance from the IMF and from its Nordic partners in the Nordic Council. The goal of Iceland in this market intervention
Water is Basic non-profit organization in South Sudan. Water is Basic completed its first well on June 28, 2008 and has since completed over 500 boreholes and repaired 75 others to working condition throughout states of Central and Western Equatoria and Jonglei. Currently, Water is Basic is led by Bishop Elias Taban, founder of the Sudan Evangelical Presbyterian Church and 2013 Clinton Global Citizen Award by the Clinton Foundation recipient. On March 10, 2014, Water is Basic and the Permanent Mission of South Sudan to the United Nations hosted an event, titled "Women and Water in South Sudan," as a contribution to the