Belize: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belize

June 7, 2021

Preview Citation

Format: Chicago

Belize: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belize, (USA: International Monetary Fund, 2021) accessed October 6, 2024

Summary

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

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/103
Stock No:

1BLZEA2021001
ISBN:

9781513573113
ISSN:

1934-7685

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