Can I read Belize Economic Impact of COVID-19 2020 on EtoBox?
Belize Economic Impact of COVID-19 2020 by pedro mendoza is a document available to read on EtoBox.
What is Belize Economic Impact of COVID-19 2020 about?
The Belizean economy contracted significantly in 2020 due to the impacts of the COVID-19 pandemic, with GDP projected to decline by 15.5%. Tourism was almost entirely shut down, leading to higher unemployment, fiscal deficit expansion, and current account deficit widening. Monetary policy was expansionary to support economic activity. The economy is projected to recover in 2021 with GDP growth of 7.5% driven by tourism, agriculture, and manufacturing recovery.
- Author
- pedro mendoza
- Language
- EN