Belize: Staff Report for the 2011 Article IV Consultation

December 2, 2011

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Format: Chicago

Belize: Staff Report for the 2011 Article IV Consultation, (USA: International Monetary Fund, 2011) accessed December 21, 2024

Summary

The 2011 Article IV Consultation report concludes that Belize has weathered the financial crisis relatively well when compared with Caribbean Community peers. Executive Directors have commended the authorities for their macroeconomic management, which enabled Belize to weather the financial crisis. Although the near-term outlook is positive, challenges arise from the uncertain global environment, rising gross financing needs of the public sector, and the weak investment climate. Directors have emphasized the need to tighten further the fiscal stance and rebuild macroeconomic buffers.

Subject: Banking, Expenditure, External debt, Fiscal stance, Public debt, Public financial management (PFM), Revenue administration

Keywords: Banking sector, Belize, Caribbean, Central bank, CR, Credit bureau, Current account, Debt service, Export credit, Financing, Financing needs, Fiscal policy, GDP, Global, ISCR, Medium outlook, Private sector, Sensitivity analysis

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/340
Stock No:

1BLZEA2011002
ISBN:

9781463929206
ISSN:

1934-7685

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