Belize: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belize
June 7, 2021
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Belize has been hit hard by the COVID-19 pandemic, which led to a deep recession and worsened fiscal and external positions from already weak levels. The opposition People’s United Party won the November 2020 elections by a wide margin, which gives the new government a unique opportunity to jump start much needed reforms to reduce large imbalances and anchor strong and inclusive growth.
Subject: COVID-19, Fiscal consolidation, Fiscal policy, Fiscal stance, Health, International organization, Monetary policy, Public debt, Revenue administration
Keywords: Caribbean, central bank financing, COVID-19, currency peg, exchange regime, Fiscal consolidation, Fiscal stance, Global, homegrown adjustment plan, public debt debt ratio
Pages:
57
Volume:
2021
DOI:
Issue:
103
Series:
Country Report No. 2021/103
Stock No:
1BLZEA2021001
ISBN:
9781513573113
ISSN:
1934-7685
