Belgium: 2017 Article IV Consultation-Press Release; Staff Report; Supplementary Information
International Monetary Fund. European Dept.
Mar 2017 · International Monetary Fund
Ebook
69
Pages
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About this ebook
Following successful reforms during the government’s initial year in office, the year 2016 proved to be more difficult. The terror attacks in Paris and Brussels had a significant, albeit temporary, effect on the economy. The fiscal strategy veered off track, with a sizeable overshoot of the deficit target. Growth prospects for 2017 and beyond are modest, as in other euro area countries. The Belgian labor market remains severely fragmented.
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