Belize : 2017 Article IV Consultation-Press Release ; Staff Report ; Informational Annex ; Statement by the Executive Director for Belize.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, [2017]
©2017
Description:1 online resource (70 pages)
Language:English
Series:IMF Country Report ; No. 17/286
IMF country report ; no. 17/286.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12507320
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund, author.
ISBN:1484320042
9781484320044
9781484320044
9781484320181
1484320182
ISSN:1934-7685
Notes:Description based on online resource; title from PDF title page (IMF eLibrary, viewed March 6, 2018).
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.
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
Standard no.:10.5089/9781484320044.002

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