The International Monetary Fund has concluded its Article IV consultation with Belize. Their conclusion? That Belize's economic recovery continues but the pace is slowing. They say the medium-term outlook remains challenging, when real GDP growth is projected at just below 2 percent. They note also that public debt remains elevated, at above 90 percent of GDP, and add, quote, "violent crime poses risks to growth, competitiveness, and macroeconomic stability."
The International Monetary Fund has concluded its Article IV consultation with Belize. Their conclusion? That Belize's economic recovery continues but the pace is slowing. They say the medium-term outlook remains challenging, when real GDP growth is projected at just below 2 percent. They note also that public debt remains elevated, at above 90 percent of GDP, and add, quote, "violent crime poses risks to growth, competitiveness, and macroeconomic stability."