Cover IMF Staff Country Reports
Belgium: Staff Report for the 2006 Article IV Consultation
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2007: Issue 089
Language:
English
Publication Date:
05 Mar 2007
DOI:
https://doi.org/10.5089/9781451803273.002
ISBN:
9781451803273
ISSN:
1934-7685
Pages:
44
Keywords:
ISCR; CR; fiscal policy; IMF staff projection; surplus; interest rate hike; labor market; budget surplus; Labor costs; Wages; Fiscal stance; Global; Central and Eastern Europe; Eastern Europe
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This 2006 Article IV Consultation highlights that the economic upturn that started in mid-2005 in Belgium has remained on track. On the heels of a catch-up in private investment, the revival of private consumption and the cyclical expansion in neighboring countries have broadened the recovery to all sectors of the economy. Underlying inflation has been stable and broadly in line with the euro area average. Despite some real exchange rate appreciation and interest rate hikes, monetary conditions have remained accommodating. On other structural issues, the upward trend in employment rates is set to continue.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund