The operation will support continued reform in the trade and tax policy (tax policy and tax administration), by assisting the Government of Belize in areas such as tariff policy and import duties policy, Export Processing Zones (EPZ), as well as a Goods and Services Tax (GST) Reform and even other topics in direct taxtation. The operation is consistent with the Bank¿s strategy with Belize (2007-2013) () since it aligns with the "tax and trade policy"objective of the former. The program, moreover, follows previous Bank interventions in support of fiscal sector policy reform and thus represents a natural continuation of the Bank-Country partnership in this area of reform.
|Subsector||FINANCIAL MARKETS-FINANCIAL REGULATION AND SUPERVISION|
|Project Type||Technical Cooperation|
|Environmental and Social Impact Category||C|
|Approval Date||AUG 6, 2014|
|Contract Signature Date||AUG 6, 2014|
|IDB Financing *||0.41|
|Total Cost H||USD 405,000|
|Financing Type||Non-Reimbursable Technical Cooperation|
|Reporting currency||USD - United States Dollar|
|Reporting Date||FEB 28, 2017|
|Undisbursed Amount H||USD 138,788|
|Disbursed to Date R||USD 266,212|
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