Belize : 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion by the Executive Director for Belize.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2008/088

IMF Staff Country Reports

Language:

English

Subjects (All):

Belize--Economic conditions.

Belize.

Belize--Economic policy.

Physical Description:

1 online resource (57 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2008.

Language Note:

English

Summary:

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.

Contents:

Cover; Contents; I. Background; II. Recent Developments and Near-Term Outlook; Boxes; 1. Oil Management Fund; III. Policies to Enhance Sustainability; A. External Stability Issues; 2. Equilibrium Exchange Rate Assessment; B. Resuming Fiscal Consolidation; C. Structural Reforms to Support Fiscal Management; D. Toward a More Flexible Liquidity Management Framework; 3. Key Features of the Monetary System; IV. Staff Appraisal; Figures; 1. Real Sector Developments; 2. Fiscal Indicators; 3. Monetary Developments; 4. Current Account and External Vulnerability; Tables

1. Selected Economic Indicators, 2004-082a. Operations of the Central Government, 2006-10 (In million of Belize dollars); 2b. Operations of the Central Government, 2006-10 (In percent of GDP); 3. Operations of the Banking System, 2004-09; 4. Balance of Payments, 2005-12 (Baseline Scenario); 5. Summary of Macroeconomic Scenarios; 6a. Medium-Term Outlook, 2006-19 (Baseline Scenario); 6b. Medium-Term Outlook, 2006-19 (Active Scenario); 7a. Public and Publicly Guaranteed Debt Simulations, 2006-19 (Baseline Scenario); 7b. Public and Publicly Guaranteed Debt Simulations, 2006-19 (Active Scenario)

AppendicesI. Background and Summary of Appendices; II. Debt Sustainability Analysis; Contents; Appendices; I. Fund Relations; II. Relations with the World Bank Group; III. Relations with the Inter-American Development Bank; IV. Relations with the Caribbean Development Bank; V. Statistical Issues

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF copyright page (ebrary, viewed July 3, 2015).

ISBN:

9786613739391

9781462395897

1462395899

9781452788913

145278891X

9781280898082

1280898089

9781452736778

1452736774