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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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  • International Monetary Fund

Abstract

Belize’s economy is projected to decelerate in 2009 owing to the global downturn. Real GDP growth is projected at 1 percent, reflecting the impact of declining tourism, remittances, and foreign direct investment inflows. Executive Directors have welcomed the broadly favorable economic performance in 2008, and have commended the authorities’ commitment to pursue sound macroeconomic and financial sector policies to manage near-term risks. Directors have also emphasized that strong macroeconomic policies are necessary to underpin this exchange rate regime and help raise international reserves to a comfortable level.

Suggested Citation

  • International Monetary Fund, 2009. "Belize: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Belize," IMF Staff Country Reports 2009/155, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2009/155
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    Cited by:

    1. O' Mahony, Tadhg & Zhou, P. & Sweeney, John, 2013. "Integrated scenarios of energy-related CO2 emissions in Ireland: A multi-sectoral analysis to 2020," Ecological Economics, Elsevier, vol. 93(C), pages 385-397.
    2. Kelly, Eilish & McGuinness, Seamus & O'Connell, Philip, 2009. "Benchmarking, Social Partnership and Higher Remuneration: Wage Settling Institutions and the Public-Private Sector Wage Gap in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 40(3), pages 339-370.

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