Country Report Belize October 1996 Main report

Economy: First-quarter trade deficit is almost halved

Trade figures for the first quarter of 1996 show a trade deficit of Bz$22m, compared with Bz$40m in the corresponding period of 1995. The reduced deficit was due to an 8.4% fall in imports resulting from the government's austerity programme, together with a large increase in exports of sugar and citrus concentrate.

Foreign trade, Jan-Mar (Bz$ m) 1995 1996 % change Total exports fob 90.3 97.3 7.8 Total imports cif -130.3 -119.3 -8.4 Balance -40.0 -22.0 45.0 Source: Central Bank of Belize.

© 1996 The Economist lntelligence Unit Ltd. All rights reserved
Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information