Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund, author.
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| ISBN: | 1484320042
9781484320044
9781484320044
9781484320181
1484320182
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| ISSN: | 1934-7685
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| Notes: | Description based on online resource; title from PDF title page (IMF eLibrary, viewed March 6, 2018).
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| Summary: | The macroeconomic outlook remains weak. Public debt remains elevated, at around 100 percent of GDP, despite a recent debt restructuring agreement with private external bondholders. Growth is projected at just under 2 percent over the medium term. The envisaged tightening of the fiscal stance reflected in the budget for FY2017/18, of 4 percentage points of GDP, is an important first step toward fiscal consolidation, but would not be sufficient to put public debt on a decisive downward trajectory. Withdrawal of Correspondent Banking Relationships (CBRs) and low capital buffers, particularly in a systemic bank, are key threats to financial stability.
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| Other form: | Print Version: Belize: 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; Statement by the Executive Director for Belize. Washington, D.C. : International Monetary Fund,2017 9781484320044
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| Standard no.: | 10.5089/9781484320044.002
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