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 Water is Basic Water is Basic is a non-profit NGO that drills clean water wells in South Sudan. The organization was founded in 2006 during a meeting of Sudanese church leaders, who decided that the local church's first steps after the signing of the Comprehensive Peace Agreement ought to be fulfilling physical needs. It is estimated that between 50% and 60% of the population of South Sudan has access to an improved water source, such as a hand pump, a protected well or – for a small minority – piped water supply. Water is Basic is the largest clean water