Economy & Business - April 2023

BELIZE: Shrinking the debt

Belize’s public debt as a proportion of GDP has been more than halved from 133% down to 64.1%, according to the concluding statement of an International Monetary Fund (IMF) mission to the country from 2-14 February. This eye-catching statistic came amid a general improvement in the economic outlook as the country emerged from the coronavirus (Covid-19) pandemic.

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