[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112148-en":3,"doc-seo-112148-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},112148,962075006959,"Anda","https://ap-avatar.wpscdn.com/avatar/e0002397efbe92a78e?_k=1776741047341049297",8,"Research & Report","Country Partnership Framework for Belize - For the Period FY26-FY35","Country Partnership Framework for Belize FY26–FY35 sets out the World Bank Group strategy to support growth, job creation, and resilience in a small, highly shock-exposed economy. The framework focuses on strengthening fiscal balance, improving the business climate to attract private investment, and investing in climate resilience and workforce development. It addresses opportunities from tourism, logistics, financial and niche exports alongside risks from hurricanes, coastal flooding, border disputes, and social inequities amplified by recent global shocks.","Public Disclosure Authorized Public Disclosure Authorized  \nCountry Partnership Framework  \nDocument of  \nThe World Bank Group  \nFOR OFFICIAL USE ONLY  \nReport No. CPF0000030  \nINTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT  \nAND INTERNATIONAL DEVELOPMENT ASSOCIATION  \nAND INTERNATIONAL FINANCE CORPORATION  \nAND MULTILATERAL INVESTMENT GUARANTEE AGENCY  \nCOUNTRY PARTNERSHIP FRAMEWORK  \nFOR  \nBELIZE  \nFOR THE PERIOD FY26-FY35  \n[P502848]  \nCaribbean Country Management Unit  \nLatin America and the Caribbean Region  \nThe International Finance Corporation, Caribbean Regional Unit  \nLatin American and Caribbean Region  \nThe Multilateral Investment Guarantee Agency  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nOfficial Use Only  \nThe date of the last Country Partnership Framework FY18–22 was April 28, 2017  \nCURRENCY EQUIVALENTS  \n(Exchange rate effective as of March 1, 2024) BZ$2 .00 = US$1 .00  \nFISCAL YEAR  \nApril 1 to March 31  \n\n|  | World Bank | IFC | MIGA |\n| --- | --- | --- | --- |\n| Vice President: | Susana Cordeiro Guerra | Alfonso García Mora | Ed Mountfield |\n| Director: | Lilia Burunciuc | Elizabeth Ann Marcano | Moritz Nikolaus Nebe |\n| Task Team Leader: | Federico E. Baechli, Priyani Malik | Adrian Fossaceca | Gabriel Moura Queiroz |\n\nOfficial Use Only  \nCOUNTRY PARTNERSHIP FRAMEWORK FOR BELIZE: FY26-35 CPFBelize’s World Bank Group (WBG) Strategy: Unlocking Potential for Growth and Jobs  \n1. Belize is a quintessential small state as defined in the WBG’s Small State Strategy (SSS) --it is the smallest economy in Central America with a GDP of US$3 billion, its population is small (roughly 420,000), and it is highly exposed to global and climatic shocks and associated fiscal pressures. Belize has an open, largely private sector-led economy. Services dominate output, with tourism being the main source of growth, foreign exchange, and employment. Tourism contributes directly and indirectly to roughly 45 percent of GDP—one of the highest rates in the Western Hemisphere. In recent years, business‑process outsourcing, real estate, and financial and trade‑related services have added new dynamism to the service sector. Agriculture and agro-processing remain critical (especially in the poorer South) , even as their relative share of GDP has declined. The Belize dollar is pegged to the US dollar ina 2:1 ratio, which supports investor confidence but limits monetary policy flexibility.  \nOpportunities and Challenges  \n2. Belize’s geographic position on the Caribbean coast of Central America, creates enormous opportunities for the country to develop as a regional hub for tourism, logistics, financial and other services and niche exports. Two deep‑water ports, proximity to the Caribbean and Central American markets, and rich natural and cultural assets (barrier reef, cayes, forests, and archaeological sites) create opportunities to expand high‑value eco‑tourism, agribusiness, fisheries/aquaculture, and transshipment/logistics services, if supported by continued investment in infrastructure and trade facilitation. Belize’s ethnically diverse population—Mestizo, Creole, Garifuna, Maya, Mennonite—also offers cultural assets for tourism, a multilingual workforce (English , Spanish and local languages), and varied farming and business traditions that can support innovation and trade.  \n3. The same geography and diversity, however, generates notable challenges – Belize is highly exposed to hurricanes, coastal flooding, and climate‑related erosion, which threaten infrastructure, tourism zones and low‑lying communities, and can cause large economic losses and fiscal pressures. Land and maritime border disputes, cross‑border trafficking, and uneven infrastructure and services between the more connected north/central districts and the poorer south and west can limit the ben","cbCaidSfqz3b0w4L","https://ap.wps.com/l/cbCaidSfqz3b0w4L","pdf",622522,1,7,"English","en",105,"# Belize’s Country Context\n## Opportunities and Challenges\n# Government Strategy\n## Reform Agenda and Expected Outcomes","[{\"question\":\"What are Belize’s main economic strengths highlighted in the framework?\",\"answer\":\"Belize’s open, private-sector-led economy is driven largely by services, especially tourism, with additional dynamism from business-process outsourcing and other services. Agriculture and agro-processing remain important, and the geography creates potential for logistics, eco-tourism, and niche exports.\"},{\"question\":\"What major risks does the framework identify for Belize?\",\"answer\":\"Belize faces high exposure to hurricanes, coastal flooding, and climate-related erosion that damage infrastructure, tourism areas, and vulnerable communities. It also notes land and maritime border disputes, cross-border trafficking, and uneven infrastructure and services that reinforce regional inequalities and social exclusion.\"},{\"question\":\"What strategic actions does the framework attribute to the Belize government since 2021?\",\"answer\":\"The government’s reform agenda targets restoring fiscal balance, attracting private investment through infrastructure strengthening and business climate improvements, and building climate resilience while investing in the workforce. Since 2021, actions reduced public debt and supported a rebound in growth and labor market participation.\"}]",1784493424,18,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":27},"country-partnership-framework-for-belize-for-the-period-fy26-fy35","",{"@graph":35,"@context":85},[36,53,68],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/country-partnership-framework-for-belize-for-the-period-fy26-fy35/112148/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-20","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What are Belize’s main economic strengths highlighted in the framework?","Question",{"text":75,"@type":76},"Belize’s open, private-sector-led economy is driven largely by services, especially tourism, with additional dynamism from business-process outsourcing and other services. Agriculture and agro-processing remain important, and the geography creates potential for logistics, eco-tourism, and niche exports.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What major risks does the framework identify for Belize?",{"text":80,"@type":76},"Belize faces high exposure to hurricanes, coastal flooding, and climate-related erosion that damage infrastructure, tourism areas, and vulnerable communities. It also notes land and maritime border disputes, cross-border trafficking, and uneven infrastructure and services that reinforce regional inequalities and social exclusion.",{"name":82,"@type":73,"acceptedAnswer":83},"What strategic actions does the framework attribute to the Belize government since 2021?",{"text":84,"@type":76},"The government’s reform agenda targets restoring fiscal balance, attracting private investment through infrastructure strengthening and business climate improvements, and building climate resilience while investing in the workforce. Since 2021, actions reduced public debt and supported a rebound in growth and labor market participation.","https://schema.org",{"og:url":51,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,119,122,127,130,134],{"id":20,"doc_module":4,"doc_module_name":45,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":45,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":45,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":45,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":21,"doc_module":4,"doc_module_name":45,"category_name":116,"show_sort_weight":117,"slug":118},"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":45,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":45,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":45,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":45,"category_name":136,"show_sort_weight":106,"slug":137},19,"General","general"]