01649cas a2200241 a 4500 AALejournalIMF011741 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475502381 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Belgium : Staff Report for the 2011 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (54 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 This 2011 Article IV Consultation reports that the vulnerability of Belgium's sovereign debt to market pressures makes credible medium-term fiscal consolidation a priority. The 2012 budget includes sizable consolidation measures, and the government is committed to take additional measures as needed with the aim of reaching structural balance by 2015. In light of the weak growth prospects, automatic stabilizers should be allowed to operate freely around the consolidation path. There is a need to strengthen banking supervision and to implement the Basel III and Solvency II regulatory frameworks. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/055 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/055/002.2012.issue-055-en.xml IMF e-Library