The 2024 Article IV Consultation with Belize highlights that real gross domestic product growth and inflation moderated in 2023. Belize's key policy priorities include raising the primary balance with revenue mobilization and expenditure rationalization to lower public debt to a level that...

While the incidence of COVID-19 in Belize has subsided, the lasting healthand economic impacts caused by the pandemic have demonstrated theneed to build a resilient health system. The most recent figures from theStatistical institute of Belize confirm that there have been over 60,000cases and...

• Belize conducted a debt-for-nature swap operation in 2021 that was heralded as a model for facilitating both debt relief and action on climate change. The country was able to commit an estimated US$107 million for conservation projects at the same time it restructured its unsustainable...

This technical assistance report on Belize focuses on transition to accrual accounting. Belize is planning to transition to accrual accounting over the medium term. This reform is considered an advanced practice on the public financial management (PFM) spectrum and has been attempted by few...

This Selected Issues paper studies inflation dynamics in Belize with the goal of quantifying the role of external and domestic factors in the recent inflationary episode and projecting inflation going forward. The paper applies a Principal Component Analysis to inflation data of several...

This 2023 Article IV Consultation discusses that economic activity has rebounded strongly from the pandemic in Belize. After growing by 15 percent in 2021 and 12 percent in 2022, real GDP is projected to grow by 2.4 percent in 2023 and 2.0 percent over the medium term as spare capacity is...

The structure of multilateral financial partnerships has many relationship challenges, which need to be solved to positively impact sustainable human development. There is a lack of understanding in the development relationship between the so-called developed and developing countries, and...