Belgium: Staff Report for the 1999 Article IV Consultation

March 6, 2000

Preview Citation

Format: Chicago

Belgium: Staff Report for the 1999 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed December 26, 2024

Summary

Economic activity picked up in the course of 1999, despite the dioxin crisis of mid-year, owing to 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, and continued growth in employment. The situation in labor markets remains unsatisfactory, with a high unemployment rate and a very slow participation rate. Executive Directors commended the Belgian authorities for the marked improvement in their fiscal situation in recent years.

Subject: Employment, Expenditure, Labor, Labor markets, Public debt, Social security contributions, Taxes

Keywords: Authorities plan, Budget balance, CR, Employment, Fund staff projection, GDP, Government, ISCR, Labor markets, Social security contributions, Stability Program goal, Staff appraisal

Publication Details

Pages:

46
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/031
Stock No:

1BELEA0012000
ISBN:

9781451803099
ISSN:

1934-7685

Notes

Included with the Staff Report is the text of Public Information Notice No. 00/16--IMF Concludes Article IV Consultation with Belgium.

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