Belgium: Staff Report for the 1999 Article IV Consultation
IMF Staff Country Reports, March 6, 2000
Source details
- Canonical URL
- Belgium: Staff Report for the 1999 Article IV Consultation
Other formats
Bibliographic details
- Published: March 6, 2000
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451803099.002
Economic activity and drivers
- Economic activity picked up in the course of 1999, despite the dioxin crisis of mid-year.
- Recovery factors cited:
- a recovery in export markets following the world financial turmoil of late 1998,
- supportive monetary policy in the euro area,
- improvements in business and consumer confidence,
- continued growth in employment.
Labor market
- The situation in labor markets remains unsatisfactory.
- Specific labor concerns:
- a high unemployment rate,
- a very slow participation rate.
Fiscal performance and IMF assessment
- Executive Directors commended the Belgian authorities for the marked improvement in their fiscal situation in recent years.
Administrative and publication notes
- Included with the Staff Report is the text of Public Information Notice No. 00/16--IMF Concludes Article IV Consultation with Belgium.
- Subjects listed: Employment, Expenditure, Labor, Labor markets, Public debt, Social security contributions, Taxes.
- Keywords listed: authorities plan, budget balance, CR, Employment, fund staff projection, GDP, government, ISCR, Labor markets, Social security contributions, Stability Program goal, staff appraisal.
Source: Belgium: Staff Report for the 1999 Article IV Consultation (March 6, 2000).
Content in this bundle
- Belgium: 1999 Article IV Consultation - ISCR/00/31