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Feb 13, 2017

How to Fix the Economy, P.U.P. Style

The Opposition People’s United Party did not expect to be consulted by the Government, as they have the social partners, for ideas on how to fix the shortfall in the 2017-2018 budget due in March.  But that doesn’t mean they don’t have ideas of their own.  For months, the P.U.P. has railed about the Government’s lack of an economic plan and warned that the axe would fall on the Public Service and on Belizeans generally.  Now that the Government has admitted it, the P.U.P. leader offered his prescription over the long-term.

 

John Briceño

John Briceño, P.U.P. Leader

“We certainly do not support any more undue burden on the Belizean people. This Government has been taxing the Belizean people to death; our country is in recession; our productive sector is in serious trouble and to put more taxes on them is only going to make things worse. We have been saying for some time that the U.D.P. has no economic plan and now it’s starting to show – that this tax and reckless spending on behalf of the U.D.P. Government is no way to run a government. And when it comes to the end, that you can’t find any kind of solution to what you are facing, then probably it’s time to throw in the towel, because they have been running this country for the last nine years, and it has been going downhill from day one. The first thing that you need to do is to meet with the private sector, and to be able to work with them, and to show them what is the plan that we will put in place. We have to work with the productive sector to ensure that they can produce once more – there has been double taxation on the productive sector. We have to look at tourism: whilst it has been growing, it seems as if only the foreign investors are benefiting from the growth in the tourism industry; we are becoming the gardeners and the servers in the restaurants and the cooks and that kind of thing. We now need to have Belizeans be able to participate and to have ownership. For instance we have the Stake Bank project – a project right outside of Belize City, that could create hundreds of jobs; we would sit down with those investors to ensure that we could have the project going, so that Belizeans can work again. (Applause) And the more Belizeans that are working, the more taxes we can collect. The issue of services: we have an inherent advantage when it comes to services to the United States; using the modern communication technology that is available. We have the ITVET’s whereby we can train people to work in these centers, so these companies like the Wal-Mart’s and financial companies and everybody would be able to could come here and we can do some of their work at a fraction of the cost. These are just examples of some of the things we can do; but it is not going to happen with Dean Barrow, or Patrick Faber, and the United Democratic [Party] Government.”

 

We will have a wrap-up of the budget consultations later in this newscast.

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Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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1 Response for “How to Fix the Economy, P.U.P. Style”

  1. MNHG says:

    “WISHFUL THINKING ” bra Briceno , the UDP is ALREADY CRUCIFYING the poor taxi drivers by driving a whopping $200.00 down their behind for trade license !!!
    THE BEST IS YET TO COME !!! ASSHOLE I WAS TO SWALLOW THE BAIT !!!

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