IMF Staff Country Reports

Belgium: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Belgium

September 15, 2021

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Format: Chicago

International Monetary Fund. European Dept. "Belgium: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Belgium", IMF Staff Country Reports 2021, 209 (2021), accessed 12/5/2025, https://doi.org/10.5089/9781513597881.002

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Summary

Belgium was hit hard early by Covid-19, but a timely, strong, and sustained health and economic policy response helped cushion impacts. A coalition government took office in October 2020, giving greater policy clarity and rightly prioritizing the Covid-19 crisis. A highly-effective vaccine rollout has facilitated reopening and recovery.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), COVID-19, Crime, Financial institutions, Fiscal policy, Fiscal stance, Health, Income, International organization, Loans, Monetary policy, National accounts

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), company car regime, Covid crisis, COVID-19, Fiscal stance, Global, government of Wallonia, Income, Loans, money market rate, Policy discussion, policy support, product market rigidity, staff note