Posted: Thursday, December 30, 2021. 10:52 am CST.
By Aaron Humes: Prime Minister John Briceño made sure to take the time to hail the end of “super bondage,” i.e. the Belize U.S. Dollar Bonds due 2034 or Superbond.
As he reminded in his New Year’s Address: “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.”
The new Blue Bonds have been capitalized and plans are in place for the new Conservation Fund to be endowed and implemented.
The Ministry of Agriculture, Food Security, and Enterprise under Jose Abelardo Mai was singled out for reviving the livestock industry, with record cattle exports have been achieved and more attention given to small farmers and the agro-productive sector than in thirteen years, boosting productivity and self-sustenance.
Tourism appears to have bounced back more brilliantly than expected, due to the hard work of bringing in new airloads, significantly increased seats, and a population vaccinated and putting their hands to work.
Business process outsourcing (BPO) has been a heretofore untapped resource but brought in a “world-record” 5,000 new jobs amid exponential growth.
“If this spectacular rebound was possible from the rubble left by the last administration, then we should look to 2022 with optimism and confidence,” the Prime Minister asserted.