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Macroeconomic and Public Financial Sector Reform Program
The objective of this operation is restore Belize's macroeconomic and financial stability and to improve investor climate confidence. With this operation we intend to support Belize in: 1) design and implement an strategy and action plan for an orderly liquidation of the Development Finance Corporation; 2) improving the current tax system and rationalization of public expenditure in order to reduce the fiscal deficit; and 3) improving the profile of public debt.

Project Detail

Country

Belize

Project Number

BL-L1001

Approval Date

December 6, 2006

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

PUBLIC EXPENDITURE MANAGEMENT

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBL (Policy Based Loan)

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 25,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 25,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1817/OC-BL Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 1817/OC-BL
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8443
Loan Contract
Amendment Letter - Changes to the Interest Rate Calculation Basis and Other Provisions.pdf
Aug. 24, 2021
English
https://www.iadb.org/document.cfm?id=EZSHARE-288386815-50
Loan Proposal
Programa de Reforma Macroeconómica y del Sector Financiero Público [858768].PDF
Dec. 31, 1999
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-288386815-52
Loan Proposal
Macroeconomic and Public Financial Sector Reform Program [860162].PDF
Dec. 31, 1999
English
Closed Phase
https://www.iadb.org/document.cfm?id=EZSHARE-288386815-121
Project Completion Report
Belize Project Completion Report (PCR) [39353445].PDF
Jan. 21, 2015
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-288386815-17
Project Outline
Programa de Reforma Macroeconómica y del Sector Financiero Público [768185].PDF
Dec. 31, 1999
Spanish

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