30 billion on a bank book parallel to unfavorable loans

The state -owned state -owned ISK 30 billion is on the commercial banks' bank books and at the same time, the government's unfavorable loans in the form of outstanding Treasury bills are about ISK 200 billion. With this, the state loses high amounts annually in the interest rate differential that could be prevented.

Björn Ingi Victorsson, chairman of the government's optimization group, says the deposits are under the Student Education Fund and are due to over -funding of the Icelandic Student Loan Fund, the predecessor of the Education Fund, but demand for student loans has decreased considerably in recent years.

« This is just one example »

« This is the biggest example we have in our hands if I remember correctly, but this is just one example and they are no doubt more, » says Björn.

The group's report with the proposals states that the Ministry of Finance and Economic Affairs can achieve great optimization with a changed procedure in collaboration with the State Treasury and the Central Bank of Iceland.

Paul Winkel was hired temporarily to the position of Director of the Education Fund and says that his task is actually to handle money well. In other respects, he did not want to comment on the matter when an attempt was made.

Estimated optimization In the years 2026-2030, it is said to be around ISK 3.75 billion, according to a report by the Optimization Group.

Slowly saved a lot more

The suggestions are also mentioned in the proposals that the state's deposits and payments will be on one hand and lIt is worth noting that the State Treasury handles all disbursements, all accounting and bank accounts.

Then says that The tax should take care of all tax collection and fees that are partly with the county commissioners today.

Says in a statement with the proposals that the measures should reduce costs, facilitate monitoring, reduce error risk and increase overview.

The report refers to the tax memorandum to the State Treasury, which states that IOne -hand collection would lead to payers enjoying non -discrimination and receiving one handling in similar matters.

It is not assessed how much optimization will be from the measure.

Björn Ingi says that obligation should obviously be in fewer hands, with the money being used better.

« I think only in this way can save much more than this 3.75 billion expected.

More good suggestions may be hidden in the pile

Björn Ingi is an accountant and worked for Deloitte for 18 years but is today the CEO of the casting station. He says the optimization project is very ambitious and remarkable.

About 10,000 proposals were received, but Björn Ingi says many similar proposals have been received so that it is not that 9,940 proposals remain.

Now the group is making 60 proposals for its owning ISK 71 billion in optimization by 2030.

It is a good reason to return to the proposals and re -examine and see if it is hidden more good in this group.