economy

Archive

Food Prices Surge Over Six Percent in Belize, Supply Issues

If you’ve recently bought groceries, you may have noticed that the prices for many commodities
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BELTRAIDE Hosts MSME Roadshow in Corozal to Support Entrepreneurs

The Briceno Administration continues to support and offer technical assistance to business owners and aspiring
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Credit Bureau and Rating System Applauded by Chamber of Commerce

One of the most interesting topics brought out in the news this week is the
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Stakeholders meet to work on boosting Belizean products

The Office of the Prime Minister, through BELTRAIDE, hosted a Buy Belizean Information and Exchange
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Government Advances Plans for National Credit Bureau with Support from

Government is well on the way to introducing a Credit Bureau for the country that
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Unemployment Rises Slightly in Belize, Women Most Likely to Leave

Unemployment is slightly up according to the latest labour force statistics from the Statistical Institute
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Rising Cost of Living: Belizeans Pay More for Goods and

The Statistical Institute of Belize (SIB) hosted its quarterly press conference this morning.  As we
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Belize’s Trade Balance: Import Expenditure Up, Export Revenues Increase

Expenditure on imports is up but so are revenues from exports for the first five
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MSME Roadshow Kicks Off in Orange Walk to Empower Entrepreneurs

The second annual MSME Roadshow was officially opened today in Orange Walk Town.  The event
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Minister of Agriculture Recognizes Lack of Communication on Bread Price

The Minister of Agriculture and Food Security, Jose Mai, has accepted his ministry’s shortcomings in
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Bread Prices Surge by 35 Cents, Sparking Public Outcry

Bread prices went up by thirty five cents on Saturday, June 1.  It is an
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Belize Open for Business, But Who Will Vet Major Investments

The Briceno Administration has declared Belize as ‘Open for Business’ when it comes to foreign
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Belize Bank and Central Bank Reach Agreement on Banking Fees:

The Central Bank of Belize and the Belize Bank have come to terms with an
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Cost of Living Rises: Belize Sees 3.4% Increase in Prices

The Statistical Institute of Belize (SIB) is reporting that the cost of goods and services
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Belizeans Show Increasing Optimism in Economic Prospects, SIB Reports

Statistics have shown that many Belizeans are becoming increasingly optimistic about the country’s economic prospects.
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Population Growth Slows in Belize, Fertility Rates Down Except in

Fertility rates are down across the country, except for the Toledo District. Yesterday, the Statistical
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Decrease in Migrants Seeking Illegal Employment in Belize

Belize is seeing a decrease in the number of migrants arriving in the country to
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Economic Growth in Belize: Tertiary Sector Saves the Day

During the budget debate, many members of the government side spoke on the country’s economic
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Belize Imports Surge While Export Revenues Decline, SIB Reports

The SIB also reported that the country’s imports were up, while revenues from exports were
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SIB Data Reveals Price Changes in Food Items, Commodities, and

In a recent set of data released from the Statistical Institute of Belize (SIB) it
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Belizeans Show Increasing Optimism in Economic Outlook, Says New Study

And while Belizeans may be feeling the pinch at the pump and the grocery store,
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Belize’s Poverty Rate Drops Over Ten Percent, According to SIB’s

Between September 2021 and September 2023, the percentage of Belizeans living in poverty reduced by
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Prime Minister Addresses Rising Employment Concerns in Budget Reading

Prime Minister John Briceno has acknowledged the rising issue of employment in the country.  Recently,
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Butane Price Increase: Supplies Control Unit Announces Two Cents Hike

Today, the price per gallon for butane has registered a two cents increase.  The Supplies
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IMF Report: Belize’s Economy Shows Remarkable Growth Despite Global Challenges

With Belize being a member of the International Monetary Fund (IMF), the country is scheduled
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Minister of Education Comments on Brain Drain Concerns in Belize

The term brain drain refers to a situation where skilled persons leave their home country
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CDB, SIB and Ministry of Economic Development Partner Up To

A memorandum of agreement was signed today with the Caribbean Development Bank, the Statistical Institute
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Belize American Chamber of Commerce Eyes Credit Union Venture with

The Belize American Chamber of Commerce (BACC) is a development agency that is looking at
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Fiscal Incentive Information Session Updates Companies on Amendments

34 Fiscal Incentive beneficiary companies, and business representatives participated in an information sharing and network
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Butane Price Hike Hits Consumers Amid Rising Acquisition Costs

The price of butane will see an increase of thirty-three cents starting today. The Supplies
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Historic Hofius Limited Closing Down: Another Blow to Downtown Belize

Hofius Limited, a legacy business in downtown Belize City, is closing down for good. The
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Belize Partners with Stanford University, IDB for Natural Resource Monetization

Belize is looking to monetize its natural resources.  This endeavor is coming about through a
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Services Sector Aids Belize’s Trade Balance Despite Widening Deficit

With Belize’s falling export revenues and high import expenses, the country’s trade deficit continues to
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Belize’s Unemployment Rate Rises to 4%: SIB Report Highlights Shifts

Belize’s unemployment rate bumped up from two-point-eight percent earlier this year to four percent. That
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Cost of Living Rises in Belize: SIB Reports 4.3% Increase

The cost of living continues to climb while import expenditures and export revenues for last
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Government Task Force and Public Service Union Join Forces Against

Then there is the issue of price gouging. The Government’s task force has already issued
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Business Community Questions Government’s Measures to Tackle Inflation

Is the government setting in place the right measures to tackle inflation? That’s the question
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