Economics

  • GOB is expected to pay US $78 Million tomorrow

    Last week Wednesday the Caribbean Court of Justice ordered the Government of Belize to pay the second and final payment of $78 million US dollars to the Ashcroft Alliance within ten...

  • Inflation Rate of 1.2% recorded for first nine months of 2017

    The overall prices of goods and services for September are up while imports are down and domestic exports are up, according to a report by the Statistical Institute of Belize. Prices...

  • Scandals have eroded public trust says Opposition Leader

    The Opposition Leader said the Barrow administration has been plagued with numerous scandals which have eroded the confidence of the Belizean public. Opposition Leader – John Briceno “Truly when we see...

  • Prime Minister says economy on right track

    Earlier this month the IMF completed its Article Four consultation with Belize and stated that Belize’s macroeconomic outlook remains weak. It said Belize’s economic growth is expected to rebound however the...

  • UB Professor talks about recession

    According to the Statistical Institute of Belize, Belize’s Gross Domestic Product (GDP) was up point eight percent for the first quarter and by one point one percent for the second quarter....

  • The fight for Minimum Wage continues

    The Statistical Institute of Belize noted that for the month of July, the cost of transport went up by 6.3% and the cost of water, housing, electricity, gas and other fuels...

  • John Briceno says “The economy continues to stagger”

    The International Monetary Fund’s Executive Board has concluded its 2017 Article IV Consultation with Belize and the report states that the economy continues to face multiple challenges. In short, the IMF...

  • Belize has dug itself out of a recession, but can it be sustained?

    According to the Central Bank of Belize, the economy is expected to grow by approximately two point four percent in real terms during 2017. This comes after Belize’s economy slumped into...

  • SIB says Belize’s GDP up by 1.1%

    The Statistical Institute of Belize has reported that for the second quarter of 2017, Belize’s Gross Domestic Product (GDP) was  up by 1.1 percent when compared to the same period in...

  • Gas prices increase twice in less than two weeks

    Fuel prices increased at midnight last night. Premium gasoline increased by fifty cents and is now $10.99 per gallon. Diesel gasoline increased by forty four cents and now sells at $9.26...

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