Belize : Staff Report for the 2003 Article IV Consultation
![1BLZEA0022004 Image](images/SCR.jpg)
Release Date: © April, 2004
ISBN
: 978-1-45180-549-9
Stock #: 1BLZEA0022004
English
Stock Status: On back-order
Languages and formats available
English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
Paperback | Yes | ||||||
Yes | |||||||
ePub | Yes | ||||||
Mobipocket | Yes |
Description
There is an urgent need to re-establish a viable external position through a comprehensive, swift, and sustained policy adjustment. The fiscal adjustment will need to rest on both wide-ranging tax revenue measures and substantial expenditure restraint, including a freeze of current expenditure. Executive Directors welcome the government’s decision to restructure the Development Finance Corporation. Existing import restrictions should be eliminated or converted into tariffs to improve resource allocation, increase revenue, and reduce administrative costs. Belize statistical information is inadequate to monitor macroeconomic developments sufficiently.
More publications in this series: IMF Staff Country Reports