Iceland puts well-being ahead of GDP in budget

Iceland’s prime minister has urged governments to adopt green and family-friendly priorities, instead of just focusing on economic growth figures.

Katrin Jakobsdottir has teamed up with Scottish First Minister Nicola Sturgeon and New Zealand’s PM Jacinda Ardern to promote a “well-being” agenda.

Ms Jakobsdottir called for “an alternative future based on well-being and inclusive growth”.

She said new social indicators were needed besides traditional GDP data