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Belize :, Recent Economic Developments

Label
Belize :, Recent Economic Developments
Language
eng
Abstract
This paper describes economic developments in Belize during the 1990s. Following a strong performance in the late 1980s, Belize’s economy weakened in 1991–93, mainly because of a substantial deterioration in the fiscal position. The overall deficit of the nonfinancial public sector increased from ½ percent of GDP in FY1990/91 to about 7½ percent in FY1992/93 owing to a substantial increase in the government wage bill and in domestically financed capital outlays. The net domestic assets of the financial system increased by about 20 percent a year during 1991–93
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Belize :
Nature of contents
dictionaries
Series statement
IMF Staff Country Reports
Sub title
Recent Economic Developments
Content
Other version