Belgium : Selected Issues Paper

Author/Editor:

International Monetary Fund

Publication Date:

April 4, 2011

Electronic Access:

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Summary:

Belgium’s impressive past fiscal consolidation is an example for other countries that need to bring down their public debt and also provides insights on how best to address its own current fiscal challenges. Belgium has a unique history of a long and successful large fiscal consolidation. Belgium lived through various episodes of fiscal adjustment and each one of these contains important lessons for future consolidation. After Belgium’s public debt-to-GDP reached a peak of about 135 percent in 1993, it was steadily reduced to about 84 percent by 2007.

Series:

Country Report No. 11/82

Subject:

English

Publication Date:

April 4, 2011

ISBN/ISSN:

9781455233083/1934-7685

Stock No:

1BELEA2011002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

41

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