Cabinet to introduce a bill to cover urgent expenditure for 4 month period

By BBN Staff: Cabinet met remotely on Monday and approved the introduction of a General Revenue (Supplementary Appropriations) bill.

According to a statement from the Government, the bill is to cover urgent and unforeseen expenditures for the period after November 11, 2020, to March 31, 2021. 

Cabinet also approved the introduction of legislation to empower the Central Bank of Belize to provide for emergency programs and facilities to assist during unusual and necessary economic circumstances.

That legislation will be introduced on January 8, 2021.

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