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March 13, 2021

Beans pest detected in Belize

BAHA sent a message aimed particularly at grain producers advising that an insect called the Asian Bean Thrip, megalurothrips usitatus, has been detected in Belize.
March 12, 2021
International Monetary Fund (IMF)

Are taxes performing? International Monetary Fund suggests pocket-tightening changes to General Sales Tax and other revenue measures

It calls for reducing the number of zero-rated items under GST, moving them to the standard 12.5 percent rate instead, and in fact raising that rate [...]
March 12, 2021

Diesel goes up by 53 cents

Prices for premium gasoline, regular gasoline and kerosene will remain unchanged at $10.40, $10.06 and $6.75 per gallon, respectively.
March 12, 2021

International Monetary Fund advises Belize to set public debt target; calls for Fiscal Responsibility Law

In 2020, Belize lost 72 percent of its share in tourist arrivals; tourism accounts for 60 percent of foreign exchange earnings and 40 percent of GDP. [...]
March 12, 2021

Inter-American Development Bank lends Belize $5 million to help in the COVID-19 vaccination drive

The IDB said it is offering Beliz a loan and a guarantee to ensure the purchase and distribution of more vaccines.
March 12, 2021

Belize International Monetary Fund ARTICLE IV REPORT: The best is not yet to come any time soon, IMF suggests 

The Fund believes it will take the best half of this decade to recover, with real GDP returning to 2019 levels by 2025. The COVID-19 pandemic [...]
March 11, 2021
johnny briceno

P.M. reiterates minimum wage increase ‘when the economy gets going’

Some have been counting on that increase and are disappointed it hasn’t happened yet; others are mocking the Party for not immediately fulfilling that promise.
March 11, 2021

Briceño spurns IMF agreement: “We know what we have to do; we’ve done it before”

“As a country and as responsible leaders I think we have a better understanding of what we are going through; we have people with the expertise [...]
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