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Oct 8, 2015

…Says the People Should Be Happy About It

Dean Barrow

Barrow says that in the years since the nationalization, G.O.B. and the people have collected eighty million dollars in dividends, so we should all be happy to relieve B.T.L. of the additional burden.


Prime Minister Dean Barrow

“They make a lot of money which is shared in terms of dividends, in terms of the profits, with government and people and the other shareholders being in at least the amount of ten percent – small Belizeans – Social Security which has about twenty percent…so Lord man this is a company that is owned wholly, wholly by government and people – Central Bank, S.S.B., small shareholders – I don’t see that you can treat this in the way you would treat Universal Health Services. This is owned by us so I am confident, comfortable with my own feeling which I hope that others in Cabinet and in the National Assembly would share that we ought to forgive the balance in excess of the forty-eight million dollars. We had to borrow that. They have to pay that back. We didn’t have to borrow anything else. So I think we can call it off and square the accounts in that way.”

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 “…Says the People Should Be Happy About It”

  1. Mark says:

    Only The Barrows will be happy! we the poor man still have not benefit from btl. Internet rate is the highest in the Caribbean. How can I be happy?

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