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Jan 8, 2021

General Revenue Supplementary Bill Introduced

John Briceño

Much of today’s proceedings within the National Assembly Chambers were statements by ministers.  It was until two in the afternoon that the House moved into the day’s business, starting with introducing the Good Governance in Belize Motion 2021.  In the evening, the Briceño introduced the two general revenue supplementary bills.  These bills, according to Prime Minister John Briceño, will not only make millions available to fight the effects of the recent storms and flooding, but assist in the COVID-19 battle.

 

Prime Minister John Briceño

“What we are looking at pretty much is that the previous U.D.P. government has left us there ending borrowing of approximately five hundred and ten million dollars this year. There is a hole or a crater if you would to say of three hundred million dollars that we have to find a way on how we are going to close that. What we have to do today in the appropriation bill is to put the necessary monies for the emergencies that we have from the hurricanes and the floodings and the pandemic. For instance we are approving fifteen million dollars for the Ministry of Health. We are approving twelve million dollars for infrastructure to assist in the repairing of some of the infrastructure. We are approving monies for the grocery bag because the U.D.P. spent everything. They left everything. So we have to be approving all of these monies. So that is what we will be doing this afternoon. But in my presentation I am going to give a complete overview of the economy and what we have found and as a preview to the consultations that we are going to be having with our socials partners, the public service, unions, with the private sector as to how is it that then we can put to right this ship into the path of sustainable growth and how we are going to work towards in balancing the budget and how we are going to grow the economy.”


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