Belgium: 2015 Article IV Consultation—Staff Report; and Press Release
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2015 Article IV Consultation highlights that Belgian economy has shown considerable resilience but the outlook is weighed down by weak demand in Europe. Healthy private balance sheets, integration with Germany, and employment support schemes have helped sustain employment and economic activity. However, output is still well below potential and with, subdued growth prospects, job creation remains insufficient. Fiscal adjustment is expected to resume after a pause in 2014. The pace of adjustment targeted by the authorities for 2015–16 is appropriate given the level of debt and related risks.
Series:
Country Report No. 2015/070
Subject:
Anti-money laundering and combating the financing of terrorism (AML/CFT) Banking Employment Expenditure Fiscal consolidation Income Labor Labor taxes National accounts Taxes Unemployment benefits
English
Publication Date:
March 12, 2015
ISBN/ISSN:
9781498355100/1934-7685
Stock No:
1BELEA2015001
Pages:
60
Please address any questions about this title to publications@imf.org