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May 19, 2015

Chamber Will Not Explore Joining Forces with PUP

Arturo Vasquez

Despite the Prime Minister’s recent announcement that amendments to the law will be tabled at the next House meeting, Vasquez says that there are certain aspects which remain unaddressed.  Those areas, according to Vasquez, seek to do away with the power of the Finance and Audit Reform Act.  By the same token, when asked if the chamber will lend its support to the opposition in its effort to repeal the act, Vasquez says that it’s not an option the chamber is prepared to explore.


Arturo Vasquez

“In my opinion, I think that Section Three-One has not been addressed and that is the one that reads, “Notwithstanding anything contrary to the Finance and Audit Reform Act or any law, it shall be lawful for the Government of Belize to borrow money from ALBA PetroCaribe to borrow money in any amounts without the prior authority of the National Assembly.”  I still think that’s a sticky point.  That in itself removes the complete control of the Finance and Audit Reform Act that we had fought so hard for in 2005.  So we have since written the prime minister, you know, told him that these are the points we think need to be addressed and we also obviously made it very clear that we are open to dialogue to continue in this because we are here to support anything that is legislatively done properly.”


Isani Cayetano

”The opposition People’s United Party recently launched a campaign, if I may, with regards to an ultimatum being put to the Barrow administration with regards to either, well more specifically, a repeal of the PetroCaribe Loans Act and the PUP, if I’m not mistaken, was reaching out to its social partners to gain some traction with regards to its effort.  Has the chamber formulated a position in favor of or against what the People’s United Party is doing?  Where do you guys stand?”


Arturo Vasquez:

“I think that the Opposition is doing two things.  There’s one I know that I think that they have taken the situation to court, I think.  Nothing was formally written, at least not to the chamber to join in that.  I think what the Leader of the Opposition had said in the media is that they are open to anybody who wants to join that case.  Honestly we have not looked at that and I don’t think that that will be an avenue that we will take.”


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