Iceland was one of the first countries hit by the global financial crisis in 2007. Icelandic banks and foreign exchange markets collapsed; the krona was about to be depreciated heavily. The IMF came into the situation, and within 10-days, they have agreed with Iceland for policy measures to aid in their economy. IMF supported Iceland with a $2.1 billion program which is 18% of Iceland's GDP. The policy had unorthodox measures to overcome this severe crisis. Write a short comment about what you think about this.