For small open economies like Belize, foreign direct investments (FDI) are a major contributing factor to aid in a country’s economic development. Belize’s investment policy framework is a relatively open one which allows for the easy flow of FDI through the establishment of wholly-owned foreign firms. During the post-independence era ...
The nation waits with bated breath for the economy to recover from the current recession. We know that the pace of our recovery is hinged on the action or lack of positive intervention undertaken by government in order to spur growth. Government therefore cannot get away with excuses anymore and ...
The PM in his most recent State of the Nation address reiterated that inflation was at an all time low at -1.1% for 2009 when compared to 6.4% in 2008. Likewise the Statistical Institute of ...
The Government of Belize in FY 2009/10 had a budget of $ 432.6M at its disposal for both recurrent expenditures on goods and service and capital expenditures in the furtherance of Government delivering services to ...
The results from the Belize’s Country Poverty Assessment report for 2009 alarmed many. It is to be noted that in addition to the 43% of the population classified as poor, there are a further 14% of households who are deemed vulnerable to poverty. Therefore 57% or more than half of ...
Belize as one of the founding members of the Caribbean Community (CARICOM) has been actively engaged in the process of fostering greater regionalism with the Community. The Revised Treaty of Chaguaramas of 2001 established the CARICOM Single Market and Economy (CSME), with the intent of creating a single economic space ...
“We are held totally at ransom without dividends from CPBL; we had no dividends last year when the company made $5.2 million. We are getting no dividends this year when they lost $10 million but still there is some ...
Isabel Vasquez For several weeks local farmers, retailers and wholesalers of fresh produce have been grumbling about a saturated market for certain commodities, making it almost impossible for hundreds of vendors to reap the profits they so desperately ...
On the 18th of January 2010, the People’s United Party under the leadership of Hon John Briceno released a powerful statement in support of the Sugar Cane Farmers in the northern districts of Orange walk and Corozal. The release called on government ...
In November 2009 this columnist sought to examine and review Belize’s economic performance for the first half of the year, in the essay entitled, A Policy Response to Belize’s Recession. Now at the beginning of the New Year 2010 we have been provided with data ...