Belize : Recent Economic Developments.

This paper describes economic developments in Belize during the 1990s. Following a strong performance in the late 1980s, Belize's economy weakened in 1991-93, mainly because of a substantial deterioration in the fiscal position. The overall deficit of the nonfinancial public sector increased fr...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/049
Online Access:Full text available on IMF
Description
Summary:This paper describes economic developments in Belize during the 1990s. Following a strong performance in the late 1980s, Belize's economy weakened in 1991-93, mainly because of a substantial deterioration in the fiscal position. The overall deficit of the nonfinancial public sector increased from 1\2 percent of GDP in FY1990/91 to about 7 1\2 percent in FY1992/93 owing to a substantial increase in the government wage bill and in domestically financed capital outlays. The net domestic assets of the financial system increased by about 20 percent a year during 1991-93.
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Physical Description:1 online resource (97 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students