European Parliament Library

Belize :, 2010 Article IV Consultation-Staff Report; Informational Annex; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Belize

The economy of Belize in recent years has been vulnerable to adverse shocks owing to its weak external position, policy rigidities, and reduced access to external financing. Executive Directors commended the authorities for their prudent macroeconomic management during the crisis. Directors emphasized the need for fiscal consolidation strategy, and stressed the need to strengthen the banking system. They supported plans to improve public financial management and tax administration. They welcomed monetary policy framework, liquidity management, and development plan policies, and offered expert assistance as well
Table Of Contents
Cover; Contents; I. Background; II. Recent Developments; III. Discussions on Macroeconomic Policies; A. Macroeconomic Outlook; B. Public Debt Sustainability; C. Banking System Stability; D. Monetary and Exchange Rate Policies; E. Sustainable Growth and Poverty Reduction; IV. Staff Appraisal; Boxes; 1. Improvements to the Framework for Monetary Policy; 2. Exchange Rate Assessment and External Stability; Figures; 1. Real Sector Developments; 2. Fiscal Developments; 3. External Sector Developments; 4. Financial Stability (commercial banks); 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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