{
  "title": "Belgium: Staff Report for the 1999 Article IV Consultation",
  "publication": "IMF Staff Country Reports, March 6, 2000",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/belgium-staff-report-for-the-1999-article-iv-consultation-3440",
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  "summary": "Economic activity picked up in the course of 1999, despite the dioxin crisis of mid-year, owing to a recovery in export markets following the world financial turmoil of late 1998, supportive monetary policy in the euro area, improvements in business and consumer confidence, and continued growth in e",
  "sections": [
    {
      "heading": "Economic activity and drivers",
      "content": "- Economic activity picked up in the course of 1999, despite the dioxin crisis of mid-year.\n- Recovery factors cited:\n  - a recovery in export markets following the world financial turmoil of late 1998,\n  - supportive monetary policy in the euro area,\n  - improvements in business and consumer confidence,\n  - continued growth in employment."
    },
    {
      "heading": "Labor market",
      "content": "- The situation in labor markets remains unsatisfactory.\n- Specific labor concerns:\n  - a high unemployment rate,\n  - a very slow participation rate."
    },
    {
      "heading": "Fiscal performance and IMF assessment",
      "content": "- Executive Directors commended the Belgian authorities for the marked improvement in their fiscal situation in recent years."
    },
    {
      "heading": "Administrative and publication notes",
      "content": "- Included with the Staff Report is the text of Public Information Notice No. 00/16--IMF Concludes Article IV Consultation with Belgium.\n- Subjects listed: Employment, Expenditure, Labor, Labor markets, Public debt, Social security contributions, Taxes.\n- Keywords listed: authorities plan, budget balance, CR, Employment, fund staff projection, GDP, government, ISCR, Labor markets, Social security contributions, Stability Program goal, staff appraisal.\n\nSource: Belgium: Staff Report for the 1999 Article IV Consultation (March 6, 2000).\n\n---\n\n Content in this bundle\n\n- Belgium:  1999 Article IV Consultation - ISCR/00/31\n  - Belgium:  1999 Article IV Consultation - ISCR/00/31 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Belgium:  1999 Article IV Consultation - ISCR/00/31 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 6, 2000",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451803099.002",
    "Economic activity picked up in the course of 1999, despite the dioxin crisis of mid-year.",
    "Recovery factors cited:",
    "The situation in labor markets remains unsatisfactory.",
    "Specific labor concerns:",
    "Executive Directors commended the Belgian authorities for the marked improvement in their fiscal situation in recent years.",
    "Included with the Staff Report is the text of Public Information Notice No. 00/16--IMF Concludes Article IV Consultation with Belgium.",
    "Subjects listed: Employment, Expenditure, Labor, Labor markets, Public debt, Social security contributions, Taxes.",
    "Keywords listed: authorities plan, budget balance, CR, Employment, fund staff projection, GDP, government, ISCR, Labor markets, Social security contributions, Stability Program goal, staff appraisal.",
    "**Belgium:  1999 Article IV Consultation - ISCR/00/31**"
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