## Belize: Staff Report for the 2002 Article IV Consultation

_IMF Staff Country Reports, November 21, 2002_

## Source details

**Canonical URL:** [Belize: Staff Report for the 2002 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/belize-staff-report-for-the-2002-article-iv-consultation-16193)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/belize-staff-report-for-the-2002-article-iv-consultation-16193/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/belize-staff-report-for-the-2002-article-iv-consultation-16193/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/30/belize-staff-report-for-the-2002-article-iv-consultation-16193/bundle-manifest.json)

## Bibliographic details
- Published: November 21, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451805451.002

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### Economic performance and shocks
- Economic growth accelerated to 11 percent in 2000.
- Growth declined to 5 percent in 2001.
- Decline attributed to:
  - several hurricanes,
  - terrorist attacks in the United States,
  - a shrimp-virus epidemic.

### Fiscal developments
- Central government deficit widened from 10 percent of GDP to 12 percent in FY2001/02 (fiscal year end-March).

### Financing, confidence, and public sector institutions
- Confidence was affected by financing difficulties at the Development Finance Corporation (DFC).
- The central government deficits were financed mainly through privatization receipts and external borrowing, mostly on commercial terms.

### Subjects and keywords highlighted in the report
- Commercial banks
- Economic sectors
- External debt
- Financial institutions
- Foreign exchange
- Public debt
- Public sector
- authority
- bond placement
- bond proceeds
- Central America
- Commercial banks
- CR
- deficit
- ISCR
- net
- Public sector
- reserve
- staff appraisal
- target of-BZ
- tourism sector

*Belize: Staff Report for the 2002 Article IV Consultation*

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## Content in this bundle

- **IMF Concludes 2002 Article IV Consultation with Belize**
  - [IMF Concludes 2002 Article IV Consultation with Belize (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2002/_cr02255.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF Concludes 2002 Article IV Consultation with Belize (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2002/_cr02255.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/belize-staff-report-for-the-2002-article-iv-consultation-16193_