Belize: Selected Issues and Statistical Appendix

Publication Date:

October 20, 2006

Electronic Access:

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Summary:

The erosion of EU trade preferences for bananas and sugar will have immediate negative implications for Belize’s economy. This paper suggests ways to enhance public debt management in Belize. The vulnerability of the banking sector appears relatively modest. However, the current level of loan-loss provisions and collateral valuation rules are not up to the international standards. Important steps have been taken to further improve compliance with the Basel Core Principles. The importance of debt-service reduction through sound macroeconomic policies is highlighted.

Series:

Country Report No. 2006/370

Subject:

English

Publication Date:

October 20, 2006

ISBN/ISSN:

9781451805543/1934-7685

Stock No:

1BLZEA2006002

Pages:

85

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