{
  "title": "Belize: Staff Report for the 2011 Article IV Consultation",
  "publication": "IMF Staff Country Reports, December 2, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/belize-staff-report-for-the-2011-article-iv-consultation-25396",
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  "summary": "The 2011 Article IV Consultation report concludes that Belize has weathered the financial crisis relatively well when compared with Caribbean Community peers. Executive Directors have commended the authorities for their macroeconomic management, which enabled Belize to weather the financial crisis.",
  "sections": [
    {
      "heading": "Executive summary and assessment",
      "content": "- The 2011 Article IV Consultation report concludes that Belize has weathered the financial crisis relatively well when compared with Caribbean Community peers.\n- Executive Directors commended the authorities for their macroeconomic management, which enabled Belize to weather the financial crisis.\n- Although the near-term outlook is positive, the report identifies key challenges: the uncertain global environment, rising gross financing needs of the public sector, and the weak investment climate.\n- Directors emphasized the need to tighten further the fiscal stance and rebuild macroeconomic buffers."
    },
    {
      "heading": "Major risks and vulnerabilities",
      "content": "- Uncertain global environment.\n- Rising gross financing needs of the public sector.\n- Weak investment climate."
    },
    {
      "heading": "Policy recommendations",
      "content": "- Tighten further the fiscal stance.\n- Rebuild macroeconomic buffers."
    },
    {
      "heading": "Thematic coverage (subjects and keywords)",
      "content": "- Subjects: Banking; Expenditure; External debt; Fiscal stance; Public debt; Public financial management (PFM); Revenue administration.\n- Keywords: banking sector; Belize; Caribbean; central bank; CR; credit bureau; current account; debt service; export credit; financing; financing needs; fiscal policy; GDP; Global; ISCR; medium outlook; private sector; sensitivity analysis."
    },
    {
      "heading": "Publication note",
      "content": "- Publication date: December 2, 2011\n- Series: IMF Staff Country Reports 2011, Issue 340\n\nSource: Belize: Staff Report for the 2011 Article IV Consultation\n\n---\n\n Content in this bundle\n\n- Belize: 2011 Article IV Consultation-- Staff Report\n  - Belize: 2011 Article IV Consultation-- Staff Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Belize: 2011 Article IV Consultation-- Staff Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 2, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781463929206.002",
    "The 2011 Article IV Consultation report concludes that Belize has weathered the financial crisis relatively well when compared with Caribbean Community peers.",
    "Executive Directors commended the authorities for their macroeconomic management, which enabled Belize to weather the financial crisis.",
    "Although the near-term outlook is positive, the report identifies key challenges: the uncertain global environment, rising gross financing needs of the public sector, and the weak investment climate.",
    "Directors emphasized the need to tighten further the fiscal stance and rebuild macroeconomic buffers.",
    "Uncertain global environment.",
    "Rising gross financing needs of the public sector.",
    "Weak investment climate.",
    "Tighten further the fiscal stance.",
    "Rebuild macroeconomic buffers.",
    "Subjects: Banking; Expenditure; External debt; Fiscal stance; Public debt; Public financial management (PFM); Revenue administration.",
    "Keywords: banking sector; Belize; Caribbean; central bank; CR; credit bureau; current account; debt service; export credit; financing; financing needs; fiscal policy; GDP; Global; ISCR; medium outlook; private sector; sensitivity analysis.",
    "Publication date: December 2, 2011",
    "Series: IMF Staff Country Reports 2011, Issue 340",
    "**Belize: 2011 Article IV Consultation-- Staff Report**"
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