IMF Staff Country Reports

Belize: Technical Assistance Report-Public Investment Management Assessment

July 22, 2020

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Belize: Technical Assistance Report-Public Investment Management Assessment, (USA: International Monetary Fund, 2020) accessed November 16, 2024

Summary

The level of public investment in Belize has varied over the past years in the context of existing constraints. The sharp increase in public debt has limited available fiscal space.1 This has resulted in an increase in externally financed investments as a share of the capital budget and a growing interest in public private partnerships (PPPs) to help achieve the government of Belize’s national strategy objectives.2 However, the correlation between Belize’s public investment and GDP growth remains weak, and the public capital stock as a ratio to GDP shows a sharp deterioration, possibly pointing to investment inefficiencies.

Subject: Budget planning and preparation, Capital budget, Capital spending, Expenditure, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Budget document, Budget planning and preparation, Budget preparation document, Capital budget, Capital spending, Cash flow, Central America, CR, Fiscal year, Investment plan, Investment portfolio, Investment priority, Investment project, ISCR, Management process, Project implementation, Public investment, Public investment and public-private partnerships (PPP), Public investment spending

Publication Details

  • Pages:

    64

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2020/221

  • Stock No:

    1BLZEA2020001

  • ISBN:

    9781513550954

  • ISSN:

    1934-7685