Economics

  • Regular Fuel and Diesel Decrease at the Pumps

    Adjustments to fuel prices took effect at midnight on Friday as regular fuel and diesel have seen a decrease.  According to the Belize Bureau of Standards, while Premium Fuel remains at...

  • EDC Bill Garners Much Debate in House Meeting

    Several Bills which ran through fairly smoothly with the exception of the Economic Development Council Bill which saw much debate.  Cayo South Representative, Julius Espat began the debate by questioning the...

  • Loan Motion Gets Green Light for Testing of Placencia’s Waters

    A loan motion for one point two million dollars was pushed through this morning during the sitting of the House of Representatives in Belmopan.  The loan is being acquired through the...

  • Statistical Institute Says Sugar is Belize’s Top Export Earner

    Consumer prices rose on average by two point two percent during April as compared to the same period last year. The latest figures from the Statistical Institute of Belize show that...

  • World Bank Group Endorses 5-Year Partnership with Belize

    There is a new framework endorsed today in Washington DC, USA that seeks to assist Belize in strengthening the economy’s resilience as well as promote opportunities for all its citizens.  The...

  • London Article Says Belize Is In Debt Crisis

    An online article from the London based Public Finance International organization has listed Belize as one of twenty seven countries in debt crisis.  The publication is dated May 16, 2017 and...

  • Fuel Prices Adjusted Third Time in 7 Weeks

    Consumers are experiencing the third adjustment to fuel prices since the start of the fiscal year 2017/2018.  As at midnight last night premium fuel has jumped the eleven dollar mark going...

  • AQ Rental Branches Off to the Old Capital

    AQ Belize Car Rental held its official inauguration ceremony for the opening of its new office inside the Brown Sugar Market Place in Belize City. According to Branch Manager, Richard Borja,...

  • Trade Licensing System to be Revamped

    Prime Minister Dean Barrow is looking to wrap up his final term in office and with that there is the expectation that several initiatives will be fast forward as he seeks...

  • Legislation to be Tabled for the EDC

    In last week’s address to the Belize Chamber of Commerce and Industry, Prime Minister Dean Barrow announced that there would be some changes in import duty on packaging materials, aimed at...

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