Film Makers Protest New State Budget Bill Skip to content

Film Makers Protest New State Budget Bill

Yesterday, the Icelandic Film Makers Association (IFMA) voiced grave disappointment with the government’s decision to cut the budget to the Icelandic Film Fund by 42 per cent next year from what had been projected, vísir.is reports.

althingi_chair_goPhoto: Geir Ólafsson/Iceland Review.

IFMA estimates that because of this, state income will decrease by ISK 615 million, resulting in the loss of one year’s work of roughly 200 people. Moreover, they claim that already in 2014 the state will be deprived of ISK 500 million in foreign currency.

In IFMA’s opinion, it is evident that building an industry under such fluctuating conditions is difficult and that once again Icelanders will lose many of its most skilled and talented people to well-paid projects in other countries.

In addition to these effects on the economy, IFMA pointed out the loss of cultural value in Iceland as the budget cuts mean that less material will be produced in Icelandic for Icelanders.

Related:

02.10.2013 | Budget Bill: Further Cutbacks at National Hospital

02.10.2013 | Iceland’s Minister of Finance Presents Budget Bill

ÁA

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter