01747cas a2200241 a 4500 AALejournalIMF016735 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475548853 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Belize : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (84 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 paper discusses three important sectors of Belize economy: financial, sugar market, and energy. Belize's banking system has continued to strengthen since the 2014 Article IV Consultation in June 2014. Despite recent improvements, some banks' balance sheets are still weak and exposed to adverse macroeconomic developments. The sugar sector makes a very important contribution to Belize's economy. The sector is estimated to account for about 4-5 percent of GDP, 9-10 percent of total exports, 8 percent of employment, and 5-6 percent of foreign exchange earnings. But the reform of EU sugar regime, scheduled to take full effect in 2017, will most likely cause a significant drop in the EU sugar price. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/093 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/093/002.2016.issue-093-en.xml IMF e-Library