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May 13, 2022

U.S.D Six Million Dollars Loan Motion to the House

The Government of Belize brought a six million dollar loan motion before the House of Representatives today. The loan, in U.S. dollars, is from the International Bank of Reconstruction and Development, and it is being sought to assist in Belize’s COVID-19 response. According to Prime Minister Briceño, the greatest portion of the loan will be used to purchase vaccines, as well as bolster the national vaccination campaign.

 

John Briceño

Prime Minister John Briceño

“This loan motion seeks approval for U.S. six point two million U.S. dollars loan from the World Bank for Belize COVID-19 emergency response project. The primary objective us this project is to be able to enable affordable and equitable access to vaccines and to ensure effective vaccine deployment in Belize through vaccination system strengthening. These funds are to support four initiative, one, support the purchasing of COVID19 vaccines. These funds can assist us in purchasing the Pfizer vaccines for children, ages five to eleven years and we will also retroactively finance the cost of hundreds of thousands of doses of COVID 9 vaccines already purchased by Belize. It will support the purchase of auxiliary kits, personal protective equipment, and related needed medical supplies. Three, enable the continuation and scale up of the country’s vaccination effort including communication and sensitization activities, additional mobile vaccination units, for hard to reach populations and digital monitoring of vaccinations, and four, contributing to improving the knowledge and capacity of the Ministry of Health and Wellness on the environment and social management aspect pertaining to COVID19 vaccination and beyond.”

 

Moses “Shyne” Barrow

Moses “Shyne” Barrow, Leader of the Opposition

“While the Opposition appreciates the necessity to combat COVID19 and assist the health system, we have concerns that we are house sitting, after house sitting, coming with loan motions, and the government. I remember when I was sitting in the galleries, before I was elected to this honorable house, the now Prime Minister and many of the members on that side use to lament that we are burdening the Belizean people with debt and all we do is borrow, borrow, borrow, and they promised to be a different government. Yet, every house meeting there is another loan motion. This particular loan motion, I’d like to point out to the Belizean people that in the budget debate there is a line item for seven million dollars to purchase vaccines. One has to ask, with the friends we have with world powers that are giving away vaccines, why do we need to take another loan after just allotting seven million dollars to get vaccines?”


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