Belize

IFAD Asset Request Portlet

Country

Belize

4

Projects Includes planned, ongoing and closed projects

US$ 36.26 million

Total Project Cost

US$ 15 million

Total IFAD financing

13,300

Households impacted

The Context

Belize has a land area of 23,000 km2. In 2017, the population of Belize was estimated at 374,681. Over 40 per cent of the population is mestizo (mixed race), while some 30 per cent is Creole. Maya and Garifuna are the two other main ethnic groups. The official language in Belize is English. Spanish is also widely spoken.

Belize has a small open economy. Its GDP growth was boosted from zero per cent in 2009 to 3.8 per cent in 2015, but declined to a 0.9 per cent in 2017 (World Bank). Generally, the economy is characterized by weak growth, large public debt and trade deficits.  In 2017, the service sector was the most important for Belize’s economy, accounting for 58.4 per cent of GDP, followed by the industry sector, including manufacturing, at 30.7 per cent and agriculture at 10.9 per cent.

According to the 2010 Poverty Assessment Report, rural poverty affects 44 per cent of the rural population, while urban poverty incidence is 22 per cent. A further 14 per cent of households is deemed vulnerable to poverty, with uneven access to resources across groups and communities along age, gender or ethnic groups.

The Strategy

In December 2018 IFAD launched the Resilient Rural Belize (Be-Resilient) programme. This entails an IFAD financing of US$8 million. Co-financing from the Green Climate Fund (GCF) in the form of a grant to the Government is also envisaged for an amount of US$8 million.

Country documents

Related Assets

Country Strategy Note Type: Country strategy note (CSN)
Region: Latin America and the Caribbean

Expert-Country-Highrise (no delete)

Projects and Programmes

Projects Browser

PLANNED Under design after concept note approval

APPROVED Approved by the Executive Board or IFAD President

SIGNED Financing agreements signed

ONGOING Under implementation

CLOSED Completed/closed projects

No matching projects were found
No matching projects were found
No matching projects were found

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IFAD Results Series Issue 3

December 2018
This issue presents and analyses experiences from the following IFAD-funded projects and programmes...

Belize: Country Technical Note on Indigenous Peoples Issues

December 2017
To facilitate policy implementation at the country level, IFAD‟s Policy on Engagement with Indigenous Peoples (2009) recommended that Country Technical Notes be prepared to provide country-specific information on indigenous peoples, as well as to contribute to the development of country programme strategies and project design.

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