Belize: 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion by the Executive Director for Belize
International Monetary Fund, Mar 6, 2008 - Business & Economics - 56 pages
Belize’s near-term macroeconomic prospects have improved over the past year. The main risks to growth and financial stability arise from fiscal challenges and deterioration in the global outlook. Despite data limitations that constrain the analysis, the Belize dollar appears broadly in line with fundamentals, and the external accounts are not a threat to external stability. Progress in consolidating the public sector’s financial position needs to continue. A front-loaded fiscal adjustment is necessary to lower Belize’s debt ratios and regain market access.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Appendix I BelizeFund Relations
Appendix II BelizeRelations with the World Bank Group
Appendix III BelizeRelations with the InterAmerican Development Bank
Appendix IV BelizeRelations with the Caribbean Development Bank CDB
Appendix V BelizeStatistical Issues
IMF Executive Board Concludes 2008 Article IV Consultation with Belize
Active Scenario amortization Article IV consultation assessment balance of payments Bank of Belize Baseline Scenario Belize dollar Bound Tests budget Caribbean Development Bank Central Bank central government Country debt exchange operation Deﬁned domestic economic estimates and projections Executive Board expenditure extemal external debt external stability ﬁnancing fiscal ﬂows ﬂscal Fund staff estimates GDP deﬂator govemment growth rate Hurricane Dean ill ill ill increase Inter-American Development Bank international investment position International Monetary Fund international reserves liquidity management Loan lower debt ratios macroeconomic market-based medium-term mission visited Belize national accounts nominal interest rate oil revenue oil savings operation in 2007 percent of GDP period debt stock policies previous period debt primary balance primary surplus public debt public sector debt Publicly Guaranteed real GDP growth real interest rate reserve requirements signiﬁcant staff report standard deviation shocks statistics structural reforms tourism U.S. dollar World Bank Group