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Mayor says CitCo’s debt is staggering

If Mayor Darrell Bradley has seemed a little frazzled lately, it’s because he is. On one hand, there has been massive works done in the city – that can’t be [...]

Private Sector Senator concerned about unemployment numbers in Belize

The Budget debate is over, and so is the Senate discussion of the Budget. At the end of the day, the fact is that in our political system, the majority [...]

Budget Wrap Up – a revisit of the fireworks in the House

The annual budget debate 2014, held on Monday and Tuesday, has been widely described as anticlimactic, primarily because majority of the arguments in the Honorable House revolved around the many [...]

Consumer Price Index for February shows 1.7% increase in expenditure

The Consumer Price Index for the month of February, released earlier this week by the Statistical Institute of Belize, indicates that there is a one point seven percent increase in [...]

Managing Director of National Bank of Belize is forced out

There is another resignation from a senior government post to report tonight following on the heels of the departure of the Esquivel family from government. When Laura Esquivel-Frampton was forced [...]

Butane gas prices up again

Butane prices are up once again. The Belize Bureau of Standards has approved the increase effective Thursday. The new controlled price for liquid petroleum gas (LPG) depends on the supplier. [...]

National Budget 2014 by the numbers

Debate of the proposed budget for the new financial year begins next week; both sides of the aisle in the House of Representatives are going through the budget with a [...]

2014 National Budget Presented in the House of Representatives

The highlight of today’s news should have been the presentation of the 2014 – 2015 Budget but there was a lot else to get out of the way. So with [...]

Budget by the Numbers

The thrust of the Prime Minister’s budget presentation was on education, healthcare and infrastructure. And then Prime Minister Barrow turned to the real meat of the budget, the numbers contained [...]

Cheerless Response from Opposition Leader to 2014 Budget

It is customary to get a response from the Opposition Leader on any budget presented in the House. To our recollection, there has never been any occasion when that feedback [...]

P.M. Says Details of Salary Adjustment are being finalized

Prime Minister Dean Barrow prefaced his budget proposals section of the presentation today by stating that the priorities can be summed up in three words – Additional Social Protection. And [...]

An early reaction on Friday’s budget

On Friday, Prime Minister Dean Barrow will present the 2014 – 2015 Budget in the House of Representatives. Barrow has stated that it will be, in his words, a good [...]

Massive layoffs at Fruta Bomba in Corozal

Last Friday, we reported on the laying off of fifty-seven workers at the Golden Princess Casino in Corozal.  Employees of the gambling den were let go in the wake of [...]

SIB Report: 2013 records lowest economic growth in past 3 years

The Statistical Institute of Belize held its second press conference for this year. Today, S.I.B. released the figures for G.D.P. and inflation rate. In short, S.I.B. confirms that the basket [...]

Butane goes up again

The cost per hundred pound cylinder of butane or liquid petroleum gas is on the rise yet again, as prices across the country have inched a few dollars higher.  The [...]

Barrow and Briceño debate state of the economy

  The Statistical Institute of Belize recently released statistics pointing to an unemployment rate of fourteen point two percent and an inflation rate of point five percent. As far as [...]

Bill passed to address threat by Caribbean Financial Action Task Force

Seven bills were passed today in the house. But the real purpose of today’s House Sitting had to do with a threat by the Caribbean Financial Action Task Force.  In [...]

Water rates to increase by 6%

Brace up because as of the beginning of the upcoming fiscal year, water rates will see an estimated six and a half percent increase in the cost per gallon. The [...]

Statistical Institute of Belize Report: Imports are up, exports down

The Statistical Institute of Belize today hosted a press briefing to provide an update on comparative unemployment, inflation and external trade statistics for 2013. Traditionally the institute is accessed only [...]

Butane prices go up

Consumers of butane, that’s just about every household, restaurant or hotel in the country, are bracing for an additional increase in the cost of fuel.  Earlier today, the Belize Bureau [...]

Survey of economic freedoms ranks Belize at 115

A recent survey indicating the economic freedoms of countries around the world ranks Belize at number one hundred and fifteen of one hundred and seventy-eight reviewed.    With a score of [...]

Farmers pen agreement with B.S.I.

The Belize Sugar Cane Farmers Association has finally signed an agreement with the Belize Sugar Industries and its parent company, the American Sugar refinery. The parties penned the deal at [...]

Cane farmers meet: sugar crop season set to begin on Monday

While there is a formal signing which ends the months-long impasse between B.S.I. and the B.S.C.F.A., it is an uneasy truce. There are farmers who support the start of the [...]

Cane Farmers hoping to sign an agreement with B.S.I. on Wednesday

The BSCFA and B.S.I. will go back to the negotiating table in Orange Walk on Wednesday afternoon. With one week to go before the imposed deadline of January fifteenth, time [...]

Cost of Living up!

The Statistical Institute of Belize has issued the Consumer Price Index or CPI for September 2013. Not surprisingly, for consumers who have been feeling the pinch, the statistics show that [...]