Belize : Staff Report for the 2003 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

April 16, 2004

Electronic Access:

Free Full text (PDF file size is 765 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

There is an urgent need to re-establish a viable external position through a comprehensive, swift, and sustained policy adjustment. The fiscal adjustment will need to rest on both wide-ranging tax revenue measures and substantial expenditure restraint, including a freeze of current expenditure. Executive Directors welcome the government’s decision to restructure the Development Finance Corporation. Existing import restrictions should be eliminated or converted into tariffs to improve resource allocation, increase revenue, and reduce administrative costs. Belize statistical information is inadequate to monitor macroeconomic developments sufficiently.

Series:

Country Report No. 04/102

Subject:

English

Publication Date:

April 16, 2004

ISBN/ISSN:

9781451805499/1934-7685

Stock No:

1BLZEA0022004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

50

Please address any questions about this title to publications@imf.org