PM on Retiring the Super Bond and Boosting Agriculture
Among the successes of 2021 is the retiring Belize’s international debt to bondholders. That, coupled with huge improvements in the agriculture and tourism sectors, gives a positive outlook on the country’s economy.
Prime Minister John Briceño
“2021 spectacularly brought the end of super bondage. The retirement of the super bond wiped away half a billion dollars from the public debt while redirecting resources to an internationally celebrated program of eco-marine conservation. And leading the way in grain revolution in productivity and self-sustenance is the Ministry of Agriculture, Food Security and Enterprise. In just twelve months, record cattle exports have been achieved and more attention given to small farmers and the agro-productive sector than in thirteen years of U.D.P. misgovernance. Our tourism ministry has worked diligently and adding new airlines significantly increased seats and worked to ensure that tourism workers were among the first to be vaccinated. Our tourism industry is robustly recovering.”
The business process outsourcing sector, better known as BPOs, has also experienced exponential growth and this year alone has created over five thousand new jobs, which is a world record growth for this industry.