Belgium : 2010 Article IV Consultation-Staff Report; Staff Supplement; and a Public Information Notice on the Executive Board Discussion.

Publication Date: April 06, 2011
Electronic Access: Free Full text (PDF file size is 1,567KB).
Use the free Adobe Acrobat Reader to view this PDF file

Summary: After being hit by a severe recession in 2008–09, the Belgian economy is gradually recovering. When core inflation remained subdued in 2010, headline inflation jumped up due to the energy price hike. The growth of potential output is expected to revert to its declining trend over the medium term. Building upon the encouraging 2010 fiscal outcome, the caretaker government is preparing a draft federal budget for 2011. To reduce the overall deficit to 3 percent of GDP by 2012, significant additional tightening measures will be needed.
Series: Country Report No. 11/81
Subject(s): Article IV consultation reports | Bank restructuring | Banking sector | Economic growth | Economic indicators | Economic recovery | Financial risk | Fiscal reforms | Pension reforms | Public debt | Sovereign debt | Staff Reports

Publication Date: April 06, 2011
ISBN/ISSN: 9781455233090/1934-7685 Format: Paper
Stock No: 1BELEA2011001 Pages: 52
US$18.00 (Academic Rate:
US$18.00 )
Please address any questions about this title to