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

International Monetary Fund

No 2021/103, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: currency peg; exchange regime; homegrown adjustment plan; public debt debt ratio; central bank financing; Fiscal stance; Fiscal consolidation; COVID-19; Caribbean; Global (search for similar items in EconPapers)
Pages: 57
Date: 2021-06-07
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