When the Belize Coast Guard started out in 2005, they were operating on a budget of just over three million dollars, a skeleton staff and limited resources. To date, the annual operational expenses are almost at ten million dollars justified by a significant increase in their team, as well as equipment, sea vessels and infrastructure. In this morning’s presentation, Vice Commandant of the Belize Coast Guard, Elton Bennett made a presentation on their financials.
ELTON BENNETT
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Several million dollars invested into the Belize Coast Guard have been done so via contributions and grants from external agencies. Bennett explained.
ELTON BENNETT
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These expenses are expected to increase as the BCG gets closer in achieving their long term goals which includes the expansion of their members.
