## Belize: Staff Report for the 2011 Article IV Consultation

_IMF Staff Country Reports, December 2, 2011_

## Source details

**Canonical URL:** [Belize: Staff Report for the 2011 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/belize-staff-report-for-the-2011-article-iv-consultation-25396)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/belize-staff-report-for-the-2011-article-iv-consultation-25396/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/belize-staff-report-for-the-2011-article-iv-consultation-25396/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/belize-staff-report-for-the-2011-article-iv-consultation-25396/bundle-manifest.json)

## Bibliographic details
- Published: December 2, 2011
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781463929206.002

---

### Executive summary and assessment
- 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.

### Major risks and vulnerabilities
- Uncertain global environment.
- Rising gross financing needs of the public sector.
- Weak investment climate.

### Policy recommendations
- Tighten further the fiscal stance.
- Rebuild macroeconomic buffers.

### Thematic coverage (subjects and keywords)
- 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 note
- Publication date: December 2, 2011
- Series: IMF Staff Country Reports 2011, Issue 340

*Source: Belize: Staff Report for the 2011 Article IV Consultation*

---

## Content in this bundle

- **Belize: 2011 Article IV Consultation-- Staff Report**
  - [Belize: 2011 Article IV Consultation-- Staff Report (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11340.pdf.md){rel="alternate" type="text/markdown"}
  - [Belize: 2011 Article IV Consultation-- Staff Report (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11340.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/belize-staff-report-for-the-2011-article-iv-consultation-25396_