Belize : 2009 Article IV consultation : staff report : public information notice on the Executive Board discussion : and statement by the Executive Director for Belize.

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Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, ©2009.
Description:1 online resource : illustrations
Language:English
Series:IMF country report ; no. 09/155
IMF country report ; no. 09/155.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12494975
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund.
ISBN:128088911X
9781280889110
9781451985696
145198569X
1462354521
9781462354528
1451877676
9781451877670
9786613730428
6613730424
9781451805581
1451805586
Notes:Cover title.
"May 2009."
English.
Print version record.
Summary:1. Belize's macroeconomic performance has been uneven in recent years. Belize, a small open economy, with a narrow export base, is vulnerable to exogenous shocks. Since 2005, growth in the traditional sectors of the economy has decelerated, reflecting structural weaknesses and the impact of severe weather-related shocks during 2007-08, which contributed to output losses, mostly in agriculture, and damaged infrastructure (Box 1). Starting in 2006, petroleum extraction has been a major factor contributing to growth, and in 2008 accounted for 5 1/2 percent of GDP. Domestic price inflation, which has been low historically, rose to nearly 10 percent by mid-2008-driven largely by food and fuel prices.
Other form:Print version: Belize. Washington, D.C. : International Monetary Fund, ©2009