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Belize’s economic recovery has surpassed all predictions for timelines given by the Briceño Administration and the IMF. It is on this achievement that his government presented its second annual budget in the House of Representatives this morning. it was a full house in Belmopan where the gallery was open to the public for the first […]
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PM Briceño also says that the projected performance for fiscal year 2021-2022 is nothing short of spectacular, in terms of the overall budget outlook. Government projects total recurrent revenue of one point two billion dollars. This, says PM Briceño, is nineteen percent higher than the budgeted figure. Additionally, tax revenues reportedly recorded increases. Expenses are […]
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Comments Off on Less Borrowing, More Revenue, and Decreased Nation Debt In 2021
While the Briceño Administration takes its victory lap in the Prime Minister’s presentation on its 2021 fiscal performance, Opposition Leader Shyne Barrow is not impressed. According to Barrow, the economic growth that the Briceño Administration boasts of is not an accurate reflection of the relief that Belizeans are seeking from increased prices on the local […]
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Comments Off on Opposition Leader says Government’s 2021 Performance Unimpressive
PM Briceño responded to the Leader of the Opposition’s criticism by conceding that we are not yet out of the woods. But, according to PM Briceño, anyway you look at it, Belize has moved forward over the last year. Prime Minister John Briceño “I always remember what Mr. Price, the Father of the Nation, […]
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Comments Off on “Belize Has Moved Forward”, Says PM Briceño
Looking at the projections for the 2022-2023 budget, PM Briceño says Government must remain cautious. The nation’s economy is vulnerable to several factors, including inflation, climate change, rise in fuel prices, and the threat of another wave of COVID-19 infections, to name a few. PM Briceño did not introduce any new, major tax revenue measures […]
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Comments Off on 2022-2023 Budget Restores Pay Cut; Introduces No New Tax Revenues
The new budget targets a primary surplus of fourteen million dollars; some point thirty-five percent of G.D.P. The overall deficit is projected at ninety-eight million dollars or two point five percent of the G.D.P. The Briceño Administration proposes to retire ninety-seven million dollars in public debt in the year 2022, a projected increase of over […]
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Comments Off on 2022-2023 Budget to “touch lives in a positive way”, Says PM Briceño
Prime Minster John Briceño is preparing to meet with social partners on Wednesday to address the rising cost of fuel. Affected by several external factors, including the illegal invasion of Ukraine by Russia, fuel prices have reached an all-time high. Hard on the heels of the pandemic’s harsh financial constraints, Belizeans are feeling the pinch. […]
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Comments Off on PM Briceño to meet with Social Partners on Increasing Fuel Prices
And, the Leader of the Opposition says, it is high time the government seek to address the rising cost in fuel. Barrow reminded reporters that he has been advocating on behalf of the Belizean people on this issue since becoming a member of the House. Moses “Shyne” Barrow, Leader of the Opposition “Every since […]
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Comments Off on Shyne Calls for Action on Increasing Fuel Prices
The injunction that has been placed on the disbursement of one point five million dollars among stevedores by the Supreme Court expires on Wednesday. It follows an application by attorneys on behalf of Port of Belize Limited which seeks to block the payment of funds to members of the Christian Workers Union. Those monies are […]
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Comments Off on Briceño Administration Introduces Supplementary Bill for Stevedore Compensation
With a payment of one point five million dollars being made to the C.W.U., Prime Minister John Briceño says that government has done its part to address the issue between the Port of Belize and the stevedores. Prime Minister John Briceño “This one-time payment recognizes that circumstances at the Port of Belize have changed […]
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Comments Off on PM Briceño Says G.O.B. Resolved Impasse Between P.B.L. and C.W.U.
It is known for its cashew fests and birding adventures, Crooked Tree Village, located just over thirty miles away from Belize City off the Philip Goldson Highway, now has a spanking new health centre. While the facility will be officially opened on Thursday, it has been in use for a couple weeks now. Deputy Manager […]
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COVID has claimed many lives over the world and many lives have also been spared the death penalty, but if you have tested positive for the virus, even if its symptoms were minimal, you may want to pay keen attention on whether it has had any effect on your brain. The findings of a new […]
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Comments Off on Study Suggests COVID Affects the Brain
The daily and weekly numbers of new COVID infections have waned considerably, so much so that the government has lifted the nightly curfew and resumed many of the public events that had been placed on suspension. But, despite Bloomberg’s report last week that the W.H.O. was exploring how and when to call an end to […]
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Comments Off on Health Official: W.H.O’s Decision to Call Off COVID Emergency Might Still Be a Ways Off
Last week, bus operators threatened the government that they would go on strike if their demands for either a reduction in fuel prices or permission to raise bus fares on commuters were not forthcoming. The representatives of the bus operators met with the Ministry of Transport to discuss their concerns, and today Minister Rodwell Ferguson […]
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Comments Off on Will Bus Fares Go Up, Or Will Fuel Taxes Be Subsidized?
With respect to the ongoing bus war that has surfaced in southern Belize between James Bus Line and newcomer, Floralia, Minister Ferguson said he had previously indicated that the services the bus companies offer must be improved. He also shared his view that there are too many bus companies competing on the roads. Rodwell […]
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Comments Off on Minister of Transport Says Too Many Buses on the Roads
“Fair Digital Finance”, it’s the theme for this year’s World Consumer Rights Day which is observed annually on March fifteenth. Digital financial services and financial technologies have driven significant change across the world. They have also created new risks along with worsening traditional risks that can lead to unfair outcomes for consumers. Earlier today, the […]
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It is returning to the Bliss Center for the Performing Arts with an official opening on Friday, March eighteenth. But, Womxn in Art 22 is pooling together the works of about a hundred women whose artistic interpretations is expected to evoke a flurry of emotions. Entitled “Re-emergence: A Kaleidoscope of Creativity,” this year’s series of […]
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Comments Off on A Preview of Womxn in Art 22
There are new homeowners under G.O.B.’s Housing Project. The new set of homes was handed over to single mothers and women, this time in the Cayo District. Since last December, the rollout of the housing project began, improving the lives of the recipients. The goal is to provide ten thousand houses across the country. At […]
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Comments Off on Meet the New Homeowners under G.O.B.’s Housing Project
