Staff Report for the 2005 Article IV Consultation

1BELEA2006002 Image
Price:  $15.00

Release Date: © March, 2006
ISBN : 978-1-45180-323-5
Stock #: 1BELEA2006002
English
Stock Status: On back-order

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Description

This 2005 Article IV Consultation highlights that Belgium’s growth has picked up following weakness in early 2005, mainly reflecting a negative contribution from the external sector and weak household consumption owing to high energy prices. The authorities and the IMF staff project GDP growth to strengthen into 2006 to somewhat more than 2 percent, as demand from trading partners increases further. Private consumption is projected to pick up in response to tax cuts, and residential construction is likely to remain resilient, even though housing price growth is likely to slow.

Taxonomy

Competition , Economic policy , Financial system stability assessment , Fiscal policy , International financial system , International trade




More publications in this series: IMF Staff Country Reports