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Prime Minister discusses Belize’s economy

Prime Minister Dean Barrow is not only looking at how Belize will fare off in this COVID-19 pandemic but how the country will recover and reboot its economy.  Prime Minister told the media yesterday that while tourism is at its lowest in decades, he believes in its resurgence.

Prime Minister Dean Barrow is not only looking at how Belize will fare off in this COVID-19 pandemic but how the country will recover and reboot its economy.  Prime Minister told the media yesterday that while tourism is at its lowest in decades, he believes in its resurgence.

Rt.Hon Dean Barrow, Prime Minister of Belize:There is a committee to work on that but those who say to me “Oh look you need to encourage people to get out of tourism.” I don’t agree with that at all. We’ve had a real bull run in terms of tourism for like what the last fifteen or so years where every year it increases so this calamity has overtaken us but it affects all sectors, it affects manufacturing, it affects agriculture and once you’re dealing with commodities, commodities are always subject to volatility so sure in as an aspirational thing diversification is good the devil will be in the details but I’m just saying this broad brush approach of saying “Oh people need to be encouraged to get out of tourism.” which is now the number one sector in our economy I don’t accept that at all.”