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Prime Minister John Briceño says Guatemala and Mexico are competing for Belize’s cattle. PM Briceño noted that the competition will provide the capital needed for expanding the industry in Belize. Prime Minister John Briceño “I am a cattle farmer also; a cattle rancher so what is being done here is good for me and […]
Written on March 25, 2022 | Posted in
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Barrow went on to chastise the Government for what he says is the failure to address citizen security, crime and violence. Barrow noted that more money is being invested in the office of the Prime Minister, while the budget for the Ministry of Home Affairs has been cut. The Leader of the Opposition asserted that […]
Written on March 24, 2022 | Posted in
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Comments Off on Leader of Opposition Says G.O.B. Gutting Funds for Crime Fighting
On the other side of the House, Cordel Hyde, Area Representative for Lake Independence and Deputy Prime Minister, said that Central Bank’s twenty million dollars allocation is necessary. Hyde countered that the budget for furniture in the office of the Prime Minister is to cover a bill the Briceño Administration inherited. According to Hyde, while […]
Written on March 24, 2022 | Posted in
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Comments Off on Deputy PM Says G.O.B. Still Paying for U.D.P. Furniture
Minister of Education, Francis Fonseca says G.O.B.’s investment in education has increased by thirteen million dollars in the 2022-2023 Budget. The Leader of the Opposition had argued that the education budget was reduced. But Minister Fonseca rebutted, suggesting Barrow is not comfortable with figures and should take some beginner classes in economics. Francis Fonseca, […]
Written on March 24, 2022 | Posted in
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Comments Off on Education Funding to Increase
And parents will be interested to know that all schools across the country will reopen for face to face learning five days a week after the summer break. The Minister of Education made the announcement today during his budget presentation. Here is what he had to say. Francis Fonseca, Minister of Education “This budget […]
Written on March 24, 2022 | Posted in
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Comments Off on Schools to Resume Normal Schedules Beginning in August
The price of regular gasoline went up by another significant margin at midnight at the pumps, part of the global inflation that surrounds the war in Ukraine. Regular gasoline shot up by sixty-six cents per gallon, taking the price up to thirteen dollars and fifty cents. The Government announced that it also intervened to cut […]
Written on March 24, 2022 | Posted in
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Comments Off on Increasing Fuel Prices Restrict Scope of Work of B.E.R.T. and other N.G.O.s
A new loan product to support small, medium and large citrus farmers has been launched by the Development Finance Corporation. The Citrus Revitalization Loans aim to provide financial support to farmers who are in need. The purpose is to double citrus production over a five year period, from one and a half million to three […]
Written on March 24, 2022 | Posted in
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Belize’s business sector is also taking stock of the impact of the COVID-19 pandemic on the country since the first case was announced on March 23, 2020. This morning on Open Your Eyes, Katherine Meighan, of the Belize Chamber of Commerce said the B.C.C.I. and BELTRAIDE have examined the startling numbers. Katherine Meighan, Belize […]
Written on March 23, 2022 | Posted in
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Comments Off on Business Sector Also Looks Back at Impact of Pandemic Since March 2020
First there was the Belize Bank’s E-Kyash to help people send and receive money or pay bills online. Now there’s B.T.L.’s Digiwallet Solutions, which also allows you to conduct monetary transactions without the hassle of going in traffic to the bank or the utility companies. You can also send money to anyone anywhere, once you […]
Written on March 23, 2022 | Posted in
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Comments Off on Now here, Digiwallet to Help You Pay Bills or Send Money Easier
Medium, small and micro enterprises are the backbone of the local economy. It’s a concept that is not lost on Port Loyola Area Representative, Gilroy Usher. As a businessman himself, the junior minister also understands and believes in the financial empowerment of the people who live in his constituency. On Tuesday, he held a short […]
Written on March 23, 2022 | Posted in
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Comments Off on Port Loyola Residents Receive Small Business Grants
The cost of chicken is going up by approximately nine cents per pound by the end of this week. That’s the message coming out of the Belize Poultry Association tonight after some six weeks of deliberation. Manager Armando Cowo says that the adjustment was necessary due to the rising fuel prices on the world market […]
Written on March 22, 2022 | Posted in
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Comments Off on Chicken Prices to Go Up by Approximately 9 Cents per Pound
Now poultry is not exported, and it is estimated that one hundred and four pounds of chickens are consumed per capita annually. The Belize Poultry Association Manager, Armando Cowo, says that the adjustment should not be used as an opportunity to price gouge. This, he says, occurred during the last adjustment when the cost per […]
Written on March 22, 2022 | Posted in
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Comments Off on Belize Poultry Association Concerned about Price Gouging
The royal tour is also a huge platform for tourism. During their visit to Belize, Their Royal Highnesses, the Duke and Duchess of Cambridge were able to immerse themselves in the rich culture and biodiversity of Belize. Here’s a recap of their stay during the first stop along the Caribbean tour. News Five’s Duane Moody […]
Written on March 22, 2022 | Posted in
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Comments Off on Royal Visit Expected to Boost Tourism
The Government of Japan has contributed ten million U.S. dollars to strengthen cold chain systems and COVID vaccine management in Belize, Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador and Honduras. This additional funding complements a 2021 donation of eleven millions U.S. dollars to six other countries in the region. According to UNICEF’s regional director Jean […]
Written on March 21, 2022 | Posted in
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Comments Off on Japan Gives U.S.D. $10M to UNICEF Regional COVID-19 Efforts
Prime Minister John Briceño says he is pleased with the outcome of Wednesday’s meeting with social partners on the increasing cost of fuel. Those in attendance were given until today’s date to present their ideas, which PM Briceño says he will then take before Cabinet. Here is what he told us earlier today about that […]
Written on March 18, 2022 | Posted in
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Comments Off on PM Says Social Partners Meeting on Gas Prices Was Constructive
According to Prime Minister Briceño, an increase in bus fares is inevitable because bus owners are operating at a loss. He even fears that several bus operators may shut down if fares are not amended. Prime Minister John Briceño “The bus owners were there, and what is happening right now, we will be able […]
Written on March 18, 2022 | Posted in
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The Government of Belize and the Los Buenos Amigos Co-operative Society Limited signed a matching grant fund agreement for three hundred and thirty seventy thousand Belize dollars to support the members of the co-operative to more effectively produce, market, and sell their agricultural products. The Los Buenos Amigos Co-operative Society Limited was registered in 2009 […]
Written on March 17, 2022 | Posted in
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Comments Off on Los Buenos Amigos Co-operative Signs Matching Grant Agreement
It is the one factor that has caused many a heartache when we go to fill up, or in many cases now, just replenish the fuel we consume in order to move around. It has forced bus operators to threaten a nationwide shutdown if the government does not seek to give some type of relief […]
Written on March 16, 2022 | Posted in
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Comments Off on Government & Social Partner Representatives Meet to Discuss Way around Exorbitant Fuel Prices
Chanona explained just how much of a ripple effect the inflation of fuel prices can have on marine resources, particularly. Cutbacks or busted fuel budgets will mean there will no longer be the type of monitoring and patrols that is necessary to man the seas. Janelle Chanona, Senator-elect, NGO’s “From the NGO sector, we […]
Written on March 16, 2022 | Posted in
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Comments Off on Fuel Price Inflation Has Rippling Effect on All Sectors
President of the Belize Bus Owners Association, Thomas Shaw was part of the meeting today with government and social partner representatives. He told News Five that while the government can put a cap on fuel prices, there will still be a domino effect on inflated prices of goods and services. Notably, News Five understands that […]
Written on March 16, 2022 | Posted in
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Comments Off on G.O.B. Places Cap on Fuel Prices, but Prices Went up Same Day
Prime Minister John Briceño dedicated a portion of his budget presentation on Tuesday to speak on the issue of outstanding, uncollected taxes. He noted that the recently established Tax Collection Unit reviewed close to nineteen thousand accounts that carried arrears of an estimated six hundred and forty million dollars in GST, Business Tax and Income […]
Written on March 16, 2022 | Posted in
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Comments Off on PM Briceño on Outstanding, Uncollected Tax
Moses “Shyne” Barrow, the Leader of the Opposition, believes that government should be able to find creative ways to collect these outstanding taxes, even those that are considered uncollectable under the Statute of Limitations. Barrow contends that the statute should not protect “absconders of tax dollars”. Moses “Shyne” Barrow, Leader of the Opposition “There […]
Written on March 16, 2022 | Posted in
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Comments Off on Statute of Limitations Protect, “Absconders of Tax Dollars”, Opposition Leader
Agriculture production contributed to a robust expansion of the sector. The resumption of the exportation of livestock to neighboring countries, under the Briceño Administration, bolstered the sector’s revenue, says P.M. Briceño. Poultry and pork production were also strengthened. Increases were realized in lobster and conch production. According to P.M. Briceño, for a ministry that was […]
Written on March 16, 2022 | Posted in
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Comments Off on Productive Sector Rebounds
The service sector also saw significant growth in 2021, largely due to the re-commencement of cruise ship calls to Belize, as well as a spike in overnight tourism. All this is the result of a phased reopening of the economy. Prime Minister John Briceño “The services sector grew by ten point one percent, reversing […]
Written on March 16, 2022 | Posted in
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Belize’s international reserves now stand at eight hundred and thirty million dollars. According to P.M. Briceño, domestic banks also experienced a boom as a result of a sharp upturn in net foreign assets, largely due to a rebound in the tourism industry. There was also an increase in call center receipts, and a surge in […]
Written on March 16, 2022 | Posted in
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Comments Off on Domestic Banks Experience ‘Boom’
