Belize: Technical Assistance Report-Public Investment Management Assessment

International Monetary Fund

No 2020/221, IMF Staff Country Reports from International Monetary Fund

Abstract: The level of public investment in Belize has varied over the past years in the context of existing constraints. The sharp increase in public debt has limited available fiscal space.1 This has resulted in an increase in externally financed investments as a share of the capital budget and a growing interest in public private partnerships (PPPs) to help achieve the government of Belize’s national strategy objectives.2 However, the correlation between Belize’s public investment and GDP growth remains weak, and the public capital stock as a ratio to GDP shows a sharp deterioration, possibly pointing to investment inefficiencies.

Keywords: ISCR; CR; investment project; management process; cash flow; Project implementation; budget preparation document; investment plan; investment portfolio; investment priority; budget document; public investment; fiscal year; Public investment and public-private partnerships (PPP); Public investment spending; Budget planning and preparation; Capital spending; Capital budget; Central America (search for similar items in EconPapers)
Pages: 64
Date: 2020-07-22
New Economics Papers: this item is included in nep-ppm
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=49602 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2020/221

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().