European Parliament Library

Belize :, Staff Report for the 2011 Article IV Consultation

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
Table Of Contents
Cover; Contents; Recent Developments; Outlook; Policy Discussions; A. Fiscal Consolidation; B. Safeguarding Financial Sector and Monetary Stability; C. Sustainable Growth and Poverty Reduction; Staff Appraisal; BOXES; 1. Gross Contingent Fiscal Liabilities; 2. Illustrative Medium-term Scenarios; 3. Main Finding of the 2011 Financial Sector Assessment Program (FSAP); 4. Exchange Rate Assessment and External Stability; FIGURES; 1. Real Sector Developments; 2. External Sector Developments; 3. Fiscal Sector Developments; 4. Banking System Stability; 5. Monetary Developments; TABLES
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (61 p.)
Specific Material Designation
Form Of Item

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