Belize : Staff Report for the 2006 Article IV Consultation.

Overly expansionary macroeconomic policies contributed to a widening of current account deficits, an unsustainable buildup of public debt, and the erosion of international reserves. The Belize government has already made commendable strides in correcting macroeconomic imbalances, based on measures t...

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Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2006.
Sarja:IMF Staff Country Reports; Country Report ; No. 2006/369
Linkit:Full text available on IMF
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520 3 |a Overly expansionary macroeconomic policies contributed to a widening of current account deficits, an unsustainable buildup of public debt, and the erosion of international reserves. The Belize government has already made commendable strides in correcting macroeconomic imbalances, based on measures to increase tax collection, rein in discretionary current expenditure, and cut capital expenditure. However, these efforts alone are not sufficient to bring the public finances and the balance of payments back on a sustainable path; supportive structural reforms in the fiscal and monetary areas should be implemented. 
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