Belgium Staff Report for the 2003 Article IV Consultation

Long-term issues continue to dominate the economic policy agenda. The economy is expected to grow at a moderate pace. The challenge from aging is becoming more pressing, calling for sustained fiscal consolidation. The elaboration of a medium-term fiscal framework based on expenditure growth ceilings...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Belgium 
653 |a Fiscal stance 
653 |a Public debt 
653 |a Labour 
653 |a Public finance & taxation 
653 |a National Government Expenditures and Health 
653 |a Health care spending 
653 |a Debt Management 
653 |a Fiscal Policy 
653 |a Debts, Public 
653 |a Debt 
653 |a Labor markets 
653 |a Fiscal policy 
653 |a Demand and Supply of Labor: General 
653 |a National Government Expenditures and Related Policies: General 
653 |a Labor 
653 |a Sovereign Debt 
653 |a Expenditure 
653 |a Expenditures, Public 
653 |a Labor market 
653 |a Macroeconomics 
653 |a Economic theory 
653 |a Public Finance 
653 |a Income economics 
653 |a Employment 
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520 |a Long-term issues continue to dominate the economic policy agenda. The economy is expected to grow at a moderate pace. The challenge from aging is becoming more pressing, calling for sustained fiscal consolidation. The elaboration of a medium-term fiscal framework based on expenditure growth ceilings will help underpin the achievement of budget objectives. The focus on job creation has triggered helpful initiatives but further, comprehensive labor market reform is needed to raise employment rates. An acceleration of product market reform will provide an impetus to growth