fbpx
johnny briceno
P.M.: “We have a strong unquestioned mandate.”
December 11, 2020
QPP
Quality Poultry Products wishes you a safe and happy holiday season with promotional discounts!
December 11, 2020

Briceno: Economic situation “unacceptable”, GOB commits to 10% salary cut

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Posted: Friday, December 11, 2020. 11:41 am CST.

By Aaron Humes: COVID-19 is not entirely to blame for the cratering of Belize’s economy, Prime Minister John Briceno reminded.

Nonetheless, having close to 65,000 of the labour force out of work and revenues heavily down, leaving the former Government to take on additional debt to service, is simply “unacceptable.”

Matters were not helped by the visit of Hurricane Nana in September and rains from Hurricanes Eta and Iota, costing the nation a further $93 million in damages.

The burden of climate change will continue to wreak havoc, Briceno said, citing forecasts of drier conditions across the region combined with rising sea levels by the end of the century.

He cited UN Secretary General Antonio Guterres who called on nations to embrace the opportunity to “reset” the world economy and a broken governance and climate.

It is time for all Belizeans to act for all to survive, he concluded, announcing that he and his Cabinet will take a 10 percent salary cut at the turn of the year.

Comments

 

Аdvеrtіѕе wіth thе most visited news site in Веlіzе ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Веlіzе аnd аbrоаd! Соntасt uѕ аt [email protected] оr саll uѕ аt 501-601-0315.

 

© 2020, BreakingBelizeNews.com. This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.

  • Galen University
  • larry waight
  • Galen University