Belize : Selected Issues

1BLZEA2008002 Image
Price:  $18.00

Release Date: © March, 2008
ISBN : 978-1-45180-556-7
Stock #: 1BLZEA2008002
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes
ePubYes
MobipocketYes

Description

Belize should reduce debt ratios to comfortable levels for smooth market access, and reduce liquidity risks by stabilizing debt service. Streamlined management of the oil fund should be considered. Fiscal measures should compensate for the loss of oil revenues in the budget and avoid new borrowing. This note explores alternative measures of reserves adequacy and concludes that a reserves target of three months of imports is a reasonable benchmark. Reforms enabling more effective liquidity management involve removing the ceilings and moving to market-based interest rates.




More publications in this series: IMF Staff Country Reports