Cover IMF Staff Country Reports
Belize: Staff Report for the 2011 Article IV Consultation
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2011: Issue 340
Language:
English
Publication Date:
02 Dec 2011
DOI:
https://doi.org/10.5089/9781463929206.002
ISBN:
9781463929206
ISSN:
1934-7685
Pages:
57
Keywords:
ISCR; CR; current account; financing; Belize; GDP; financing needs; private sector; fiscal policy; central bank; sensitivity analysis; credit bureau; banking sector; debt service; export credit; medium outlook; Caribbean; Global
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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.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund