Economics

  • 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...

  • Coconuts Are Up and Coming

    There is nothing sensational about agriculture and so most times the developments and progress made are for the most part ignored or not given sufficient attention.  In the agriculture sector there...

  • Union President Says Trim the Fat but Don’t Get Fatter

    When President of the Belize National Teachers Union, Luke Palacio spoke with the media, he was asked about comments made last week by Financial Secretary, Joseph Waight that an increase in...

  • Another Week for Superbond’s Consent Solicitation to Expire

    A release from the government stated that Belize has extended its consent solicitation in regards to its move to restructure the ‘superbond’. The release says quote, “The offer contained in the...

  • Government Invites Private Sector for Consultations on Country’s Economy

    Financial Secretary Joseph Waight has written to the President of the Belize Chamber of Commerce and Industry (BCCI), Nikita Usher. The letter reads quote, “As the Government advances on the budget...

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