Belize: Selected Issues and Statistical Appendix
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Summary:
The erosion of EU trade preferences for bananas and sugar will have immediate negative implications for Belize’s economy. This paper suggests ways to enhance public debt management in Belize. The vulnerability of the banking sector appears relatively modest. However, the current level of loan-loss provisions and collateral valuation rules are not up to the international standards. Important steps have been taken to further improve compliance with the Basel Core Principles. The importance of debt-service reduction through sound macroeconomic policies is highlighted.
Series:
Country Report No. 2006/370
Subject:
Agricultural commodities Banking Commercial banks Commodities Financial institutions Foreign exchange Government debt management Loans Public financial management (PFM) Real exchange rates
English
Publication Date:
October 20, 2006
ISBN/ISSN:
9781451805543/1934-7685
Stock No:
1BLZEA2006002
Pages:
85
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