01708cas a2200241 a 4500 AALejournalIMF005679 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451803303 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Belgium : 2008 Article IV Consultation; Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (40 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The global financial crisis has forced government intervention in major financial institutions in Belgium. This 2008 Article IV Consultation discusses that the boom in energy and food prices in early 2008 caused inflation to spike to well above the euro area average. Executive Directors have commended the authorities for their prompt and decisive intervention as the Belgian banking sector began to face severe pressure in September 2008. Directors have also encouraged the authorities to allow fiscal stabilizers to operate fully, and welcomed the moderate discretionary stimulus. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/087 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/087/002.2009.issue-087-en.xml IMF e-Library