Country Strategy

Together, IDB staff and Belize determine how the country's priorities coincide with the Bank’s development strategies for the region. The product of that process is the Belize Country Strategy, containing the Bank’s expected program for Belize for 2008-2012.

Country strategies include an overview of the country’s current economic situation. They draw on analytical work conducted by the Bank and other parties on a wide range of economic and social sectors, such as rural and urban development, health, education, government modernization, transportation, trade, and the environment, among others.

Belize Operational Strategy (2008-2012)

The IDB country strategy (CSB) for the period 2008-2012 supports the program of the Government of Belize which is centered on instituting good governance and ensuring an improved quality of life for all Belizeans. The country’s medium-term priorities are: ensuring sound fiscal management and transparency; creating the conditions for and restoring sustainable, private sector led growth; improving human resource development and social protection; and strengthening environmental management. In addition, rehabilitation of basic infrastructure damaged by recent floods is a new short-term priority.

The expected results of the Bank-country partnership include: an improved legal framework for fiscal sustainability, a reduction of fiduciary risks (as part of strengthening country systems), strengthened capacity for policy and destination planning in the tourism sector, improved infrastructure in touristic destinations, a reduction in the environmental risks posed by solid waste, increased land registration in urban areas, improved access to primary healthcare and to secondary education by the poor, and rehabilitation of roads affected by floods.