Iceland’s new government, led by Prime Minister Kristrun Frostadottir of the Social Democratic Alliance (SDA), took office on 21 December 2024.
Youngest Prime Minister: Frostadottir, born in 1988, is Iceland’s youngest prime minister. She was elected to parliament in 2021 and became SDA leader in 2022.
Three-Party Coalition: The coalition includes the SDA, the Liberal Reform Party (LRP), and the People’s Party (PP). The SDA and LRP each hold four ministerial portfolios, while the PP has three.
First Meeting: The new cabinet held its first formal meeting at the presidential residence, Bessastadir, with President Halla Tomasdottir in attendance.
Cabinet Priorities: Frostadottir outlined priorities of stabilising Iceland’s economy by reducing interest rates, enforcing stricter public finance controls, and fostering value creation.
Election Victory: The SDA emerged as the biggest winner in Iceland’s parliamentary election held on November 30.
