Belize's 2016-17 Sovereign Debt Restructuring - Third Time Lucky?
This paper examines the causes, processes, and outcomes of Belize's 2016-17 sovereign debt restructuring-its third episode in last 10 years. As was the case in the earlier two restructurings, in 2006-07 and in 2012-13, the 2016-17 debt restructuring was executed through collaborative engagement...
| Main Authors: | , , |
|---|---|
| Other Authors: | , |
| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2018
[Washington, D.C.] : [2018] |
| Series: | IMF Working Papers; Working Paper ;
No. 18/121 IMF Working Papers; Working Paper ; No. 2018/121 IMF eLibrary IMF working paper ; WP/18/121 |
| Subjects: |
| Summary: | This paper examines the causes, processes, and outcomes of Belize's 2016-17 sovereign debt restructuring-its third episode in last 10 years. As was the case in the earlier two restructurings, in 2006-07 and in 2012-13, the 2016-17 debt restructuring was executed through collaborative engagement with creditors outside an IMF-supported program. While providing liquidity relief and partially addressing long-term debt sustainability concerns, the restructuring will need to be underpinned by ambitious fiscal consolidation and growth-enhancing structural reforms to secure durable gains |
|---|---|
| Item Description: | Part of the IMF eLibrary collection |
| Physical Description: | 1 online resource (26 pages) 1 online resource (27 pages) |
| ISBN: | 1484357213 : 1484357213 1484358716 9781484357217 9781484358719 |
| ISSN: | 2227-8885 |
| Access: | Restricted for use by site license Restricted for use by site license. |