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7145 Slaughterhouse Road

Belize City, Belize Central America

(+501) 203-2098 or 203-0528

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📣 MAIN TERMS AND Definations to be fully aware:                      📣 “COVID-19” – means the Novel Coronavirus (2019-nCov), which is an infectious disease caused by a virus which, having emerged during 2019, was declared a global pandemic by the World Health Organisation on the 11th March, 2020;                      📣 “emergency area” – means the area declared to be under a public state of emergency under the Proclamation;                      📣 “essential service” means the offices listed in Schedule I; “essential worker” means an employee of an essential service;                      📣 “social distancing” includes the practice of staying home, avoiding crowds and refraining from touching one another and maintaining a distance of no less than three feet from other persons.                      📣 Need Food Assistance? | ¿Necesita asistencia alimentaria (comida)? – Para Idioma en Español llamar los Numeros : 631-2065 | 636-0423 | 626-4764.                      📣 For English language call: 636-5743 | 627-3634 | 629-8100 |631-9158 | 630-8502 | 607-8053 | 624-8532 | 606-9900 | 631-3359 | 621-4247 | 627-2062 | 607-6178 | 630-1081.                      📣 Please note the numbers for Food Assistance at the Ministry of Human Development, Social Transformation and Poverty Alleviation. The Ministry asks that you please bear patience if you cannot get through.
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Banking & Finance

Opposition Leader Says Belizeans were Hoodwinked with the BTL Takeover

Belize stands to pay millions of dollars to Lord Michael Ashcroft following the nationalization of the Belize Telemedia Limited in 2009.  The matter is before the Permanent Court of Arbitration in the Netherlands and they recently concluded their review of the value of the shares that GOB would have to compensate the Ashcroft Alliance for.  While Belize was calculating one dollar and forty four cents per share, Ashcroft companies were saying ten dollars per share.  It is a sharp difference; the PCA, however is saying five dollars and fifty cents per share.  While Prime Minister says that if the PCA maintains that figure it would be considered a victory for Belize, the Leader of the Opposition is pretty much saying that Belizeans were hoodwinked in the name of nationalization and will now have to pay the price.

A final decision is still pending from the arbitration panel although they have given an outline of their findings.

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