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- Macroeconomics and Monetary Economics x
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1. Belize entered the pandemic with pre-existing vulnerabilities. Real GDP growth had slowed from 4.7 percent in 2000–09 to 2.8 percent in 2010–14 and 1.8 percent in 2015–19. Moreover, the economy was in recession when the pandemic hit, with real GDP contracting by 2.2 percent year on year in the last quarter of 2019 and 6.3 percent in the first quarter of 2020.