## Belize: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Belize

_IMF Staff Country Reports, May 20, 2009_

## Source details

**Canonical URL:** [Belize: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Belize](https://www.imf.org/en/publications/cr/issues/2016/12/31/belize-2009-article-iv-consultation-staff-report-public-information-notice-on-the-executive-22960)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/belize-2009-article-iv-consultation-staff-report-public-information-notice-on-the-executive-22960/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/belize-2009-article-iv-consultation-staff-report-public-information-notice-on-the-executive-22960/index.json)
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## Bibliographic details
- Published: May 20, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451805581.002

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### Growth outlook and drivers
- Real GDP growth is projected at 1 percent in 2009.
- The projected deceleration in 2009 is attributed to the global downturn and specifically to declining tourism, remittances, and foreign direct investment inflows.

### Executive Directors' assessment and policy guidance
- Executive Directors welcomed the broadly favorable economic performance in 2008.
- Directors commended the authorities’ commitment to pursue sound macroeconomic and financial sector policies to manage near-term risks.
- Directors emphasized that strong macroeconomic policies are necessary to:
  - underpin the exchange rate regime, and
  - help raise international reserves to a comfortable level.

### Key subjects and keywords
- Subjects: Central banks, Economic sectors, Expenditure, Fiscal consolidation, International reserves, Oil, gas and mining taxes, Public sector, Revenue administration, Taxes
- Keywords: authority, Belize, Belize authorities, Belize well, CR, debt restructuring agreement, deficit, gas and mining taxes, Global, inflation, International reserves, ISCR, Oil, price inflation, Public sector, revenue side

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## Content in this bundle

- **1. Emergency Natural Disaster Assistance**
  - [1. Emergency Natural Disaster Assistance (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2009/_cr09155.pdf.md){rel="alternate" type="text/markdown"}
  - [1. Emergency Natural Disaster Assistance (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2009/_cr09155.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/belize-2009-article-iv-consultation-staff-report-public-information-notice-on-the-executive-22960_