Annex A Page 6 of 26 Table 9 Total Public Debt
1998
1999
2000
2001
2002
External debt of the public sector
260.7
252.5
426.7
485.9
550.9
-38.5*
-34.7
-51.9
-57
-61.8
Multilateral
117.3
96
111.2
123
143.8
Bilateral
87.9
100.1
106
103.1
123.6
Commercial banks/bonds
47.4
49.5
188
242.7
272.2
Suppliers' credit
8.1
6.9
21.5
17.1
11.3
0
65.6
103.7
158.5
192.6
0
-9
-12.6
-18.6
-21.6
0
33.6
73.2
110.8
136.6
0
-4.6
-8.9
-13
-15.3
0
32
30.5
47.7
56
0
-4.4
-3.7
-5.6
-6.3
260.7
318.1
530.4
644.4
743.5
-38.5
-43.7
-64.6
-75.6
-83.4
246.5
272.1
447.1
528.3
642.8
-36.4
-37.3
-54.4
-61.9
-72.1
124.8
128.5
123.7
139.6
126.2
-18.5
-17.6
-15.1
-16.4
-14.2
385.5
446.6
654.1
784
869.7
-57
-61.3
-79.6
-91.9
-97.6
371.3
400.6
570.8
667.9
769
Publicly guaranteed debt Securitization (DFC) Privatized public enterprises Total external debt Total external debt - adjusted Internal debt Total public debt Total public debt - adjusted
a
a
-54.9 -55 -69.5 -78.3 -86.3 Source: Belize Fiscal Policy and Public Debt Sustainability Agosin M. and Nazal P. IADB 2003 a : Excludes sovereign guarantees for borrowing by privatized firms, and central bank debt (which are amply covered by official foreign exchange reserves) *: In millions of dollars. Figures in italics represent percentage of GDP. Chart 4: Imports, Exports and Current Account Balance 70% 60% 50% 40% 30% 20% 10% 0% -10% -20%
80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 Current account balance
Exports
-30%
Source: IMF, International Financial Statistics 2003
Imports