{
  "title": "Belize: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belize",
  "publication": "IMF Staff Country Reports, June 7, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/06/07/belize-2021-article-iv-consultation-press-release-staff-report-and-statement-by-the-50198",
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  "summary": "Belize has been hit hard by the COVID-19 pandemic, which led to a deep recession and worsened fiscal and external positions from already weak levels.",
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    {
      "heading": "Summary and key findings",
      "content": "- Belize has been hit hard by the COVID-19 pandemic, which led to a deep recession and worsened fiscal and external positions from already weak levels.\n- The opposition People’s United Party won the November 2020 elections by a wide margin, which gives the new government a unique opportunity to jump start much needed reforms to reduce large imbalances and anchor strong and inclusive growth."
    },
    {
      "heading": "Economic impact and themes",
      "content": "- COVID-19 caused a deep recession in Belize.\n- Fiscal and external positions worsened from already weak levels."
    },
    {
      "heading": "Political context and implications",
      "content": "- The People’s United Party won the November 2020 elections by a wide margin.\n- The election outcome is described as providing the new government a unique opportunity to implement reforms to reduce large imbalances and support inclusive growth."
    },
    {
      "heading": "Subject areas covered",
      "content": "- COVID-19\n- Fiscal consolidation\n- Fiscal policy\n- Fiscal stance\n- Health\n- International organization\n- Monetary policy\n- Public debt\n- Revenue administration\n\n---\n\n Content in this bundle\n\n- 1blzea2021001\n  - 1blzea2021001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1blzea2021001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 7, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513573113.002",
    "Belize has been hit hard by the COVID-19 pandemic, which led to a deep recession and worsened fiscal and external positions from already weak levels.",
    "The opposition People’s United Party won the November 2020 elections by a wide margin, which gives the new government a unique opportunity to jump start much needed reforms to reduce large imbalances and anchor strong and inclusive growth.",
    "Fiscal and external positions worsened from already weak levels.",
    "The People’s United Party won the November 2020 elections by a wide margin.",
    "The election outcome is described as providing the new government a unique opportunity to implement reforms to reduce large imbalances and support inclusive growth.",
    "**1blzea2021001**"
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