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Belgium: 2018 Article IV Consultation - Press Release; Staff Report

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  • International Monetary Fund

Abstract

This 2018 Article IV Consultation highlights that the economic recovery in Belgium is gaining momentum, with real GDP growth expected to approach 2 percent in 2018 after an estimated 1.7 percent in 2017. It is driven by strong investment and solid consumption growth, and supported by favorable financial conditions as well as a strengthening recovery throughout Europe. Employment growth has picked up, thanks in part to past reform efforts. The fiscal position has improved, reflecting a mix of cyclical, structural, and one-off factors. The medium-term outlook, however, remains subdued in the absence of further structural reforms to raise potential growth, and subject to both external and domestic risks.

Suggested Citation

  • International Monetary Fund, 2018. "Belgium: 2018 Article IV Consultation - Press Release; Staff Report," IMF Staff Country Reports 2018/071, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2018/071
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=45708
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    Cited by:

    1. Samya Beidas-Strom & Marco Lorusso, 2019. "Macroeconomic Effects of Reforms on Three Diverse Oil Exporters: Russia, Saudi Arabia, and the UK," IMF Working Papers 2019/214, International Monetary Fund.
    2. Roger Hosein & Leera Boodram & George Saridakis, 2022. "Stimulating Non-Energy Exports in Trinidad and Tobago: Evidence from a Small Petroleum-Exporting Economy Experiencing the Dutch Disease," JRFM, MDPI, vol. 15(1), pages 1-21, January.
    3. Mr. Etibar Jafarov & Mr. Rodolfo Maino & Mr. Marco Pani, 2019. "Financial Repression is Knocking at the Door, Again," IMF Working Papers 2019/211, International Monetary Fund.
    4. Miss Yinqiu Lu & Dmitry Yakovlev, 2018. "Instruments, Investor Base, and Recent Developments in the Malaysian Government Bond Market," IMF Working Papers 2018/095, International Monetary Fund.
    5. Jashim Uddin Ahmed & Niza Talukder & Asma Ahmed, 2020. "Infrastructure Development Company Limited Solar Home System Program: A Sustainable Solution for Energizing Rural Bangladesh," South Asian Journal of Business and Management Cases, , vol. 9(2), pages 219-236, August.

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