Finances

  • 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...

  • Belize to Acquire Weather Stations via Agreement with Insurance Facility

    The Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company, CCRIF SPC today signed a grant agreement with the Government of Belize. That Agreement provides GOB with 100,000 dollars to purchase forty...

  • Superbond 3.0 Is a Done Deal

    When we last reported on the status of the renegotiated Superbond, Belize was yet to achieve the 75% consent from the bondholders as is required.  Prime Minister Dean Barrow in a...

  • Statutory Boards to Aid GOB in Meeting Fiscal Target

    While Government is hoping to earn an additional fifteen million dollars via the rise in Environmental Tax, they are also hoping to gain six to seven million dollars through the Statutory...

  • 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...

  • Belmopan Floats $6.5M Bond for Infrastructure Programs

    A 6.5 million dollar municipal bond was launched this morning at Bull Frog Inn in Belmopan, Cayo District.  The bond’s purpose is to primarily address public works projects in the city. ...

  • Prudence Is Key at Belmopan City Council

    After two years of being in office, Belmopan’s Mayor Khalid Belisle has gotten the idea of a municipal bond coming to fruition.  It will see an improved Belmopan over the next...

  • PUP Reiterates Support for Senator Courtenay

    Opposition Leader, John Briceno hosted a press conference this afternoon at the party’s headquarters on Queen Street in Belize City, highlighting several national issues.  The first item on the agenda was...

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