Economics

  • Belize Sees Improved Ratings from Moody’s

    Another report is out from Moody’s Credit Rating Service which has given Belize an upgrade in its long-term foreign- and local-currency issuer and senior unsecured ratings to B3 from Caa2.  The...

  • Belize’s Shrimp Industry Shows Promise

    A meeting between the Shrimp Growers Association and the Government of Belize was held recently.    The meeting which was held with officials from the Ministry of Investment, Trade and Commerce was...

  • A Mobile App to Boost Economic Activity in Old Capital

    Mobile apps are gaining fast popularity as the use of smart phone grows globally. Belize is no different as Belizeans and businesses are making the most of technology seeking speed, efficiency,...

  • Standard and Poor Ups Belize’s Ratings Following Renegotiated Bond

    Earlier this week we told you of the ratings placed on Belize by Standard and Poor’s Rating Agency with the understanding that a revised assessment would be conducted due to the...

  • Superbond 3.0 Brings New Ratings from Standard and Poor

    Five days ago, Standard and Poor’s Rating Agency lowered Belize’s long term foreign currency rating from a CC to SD meaning Selective Default.  In addition to that Belize was moved from...

  • Belize’s Bid for $10M Approved by CDB

    Yesterday we told you about the forty million US dollars grant that the Caribbean Development Bank, CDB would use to help Caribbean nations including Belize. Today, the Government confirmed that Belize’s...

  • The Fiscal Burden of the Public Service

    According to the Draft National Budget for 2017/2018 there are just under fifteen thousand public officers on the Government’s payroll.  This is costing taxpayers just over four hundred million dollars on...

  • PM and the Question of Excessive Spending

    The Barrow administration has been making it a point to remind Belizeans of the genesis of the Superbond, emphasizing that this government is merely trying to fix a problem created under...

  • Belize’s Buy-Back of Bonds

    Prior to getting confirmation from the Government of Belize on the restructuring terms of the Superbond 3.0, we had reported that one of the points in the agreement was that Belize...

  • CRFM and FAO Join Hands in Improving Profits in Fisheries

    A two day workshop began today in Barbados that will be looking at a landmark study that concluded recently.  The study which focused on factors such as capital, labour, maintenance and...

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