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G.O.B. Intends to Save $240M from Salary Cuts in Three Years

The Briceño administration continues to consult with stakeholders, including the business community, ahead of presenting a budget for the upcoming fiscal year.  While government receives input from various corners for [...]

P.S.U. Says Increase Revenue Collection Instead of Cutting Wages

According to Flowers, who is also the P.S.U.’s public relations officer, another freeze in increments and benefits would be the fourth.  While the union understands the difficult financial bind that [...]

Mexico/Belize Business E-Roundtable

The Mexico-Belize Business virtual roundtable was held today. The online meeting was between public and private sector businesses from both countries and was done through collaboration between the Embassy of [...]

Mexico Invites Belizean Businesses to a Virtual Roundtable

They may not be able to sit together in person due to COVID-19, but that is not stopping Belizean and Mexican business counterparts from joining forces. Today, the Embassy of [...]

The Booming Business of Butterflies

Most people only see Belize’s beautiful butterflies one at a time, when they land on a garden flower.  But imagine being surrounded by them all the time. Tonight, News Five’s [...]

G.D.P. Down by 13.1% for Last Quarter of 2020

The Statistical Institute of Belize has given its report on the state of the Belize economy. During a virtual presentation today, the S.I.B. shared that the economy contracted by thirteen [...]

Trade Bulletin for January 2021

Turning to the trade bulletin, the S.I.B. says that total imports in 2020 stood at one point six billion dollars, but it was still down by almost four hundred million [...]

Inflation Rate is Up by 1%

And what’s up with the price of goods and services in Belize? If you thought that prices felt a little steeper for last January, the S.I.B. says that it’s because [...]

Fuel Prices Go Up at the Pumps

Belizeans who had been hoping the price of gas might not keep rising will be disappointed tonight.  The Ministry of Finance has announced the pump price of three fuel products [...]

Twenty Percent of Consumer Traffic at CFZ after Reopening

After almost a year of inactivity, the Corozal Free Zone was reopened to business on February first.  That’s because a raft of new measures was put in place to ensure [...]

$2.5M in Profits for B.T.L. in 2020 is a Paltry Sum

A new board of directors for Belize Telemedia Limited was constituted in December of last year with former business senator Mark Lizarraga at its helm.  Over the weekend, the telecoms [...]

Budget Consultations Held with Agro-Productive Sector

Today at the Biltmore Plaza in Belize City, Prime Minister John Briceño along with his C.E.O. Narda Garcia and Minister of State, Christopher Coye as well as Tourism Minister Anthony [...]

A Solution to the Barranco Logging Issue?

Barranco is the southernmost coastal village in Belize. Its name is often synonymous with two of Belize’s greatest musical artists, Andy Palacio and Paul Nabor, born and raised there.  But [...]

G.O.B. to Launch Belize COVID-19 Cash Transfer Program

This afternoon, the Ministry of Human Development, Families and Indigenous Peoples’ Affairs announced the return of the COVID-19 Relief Programme, but this time under the name, Belize COVID-19 Cash Transfer [...]

G.O.B. Holds Budget Consultation with N.T.U.C.B.

Government ministers met with the National Trade Union Congress of Belize as part of its budget consultations. The discussions were led by Deputy Prime Minister Cordel Hyde, accompanied by Education [...]

Budget Consultations Continue, G.O.B. Meets with B.N.T.U.

The government continued budget consultations today, preparing for the presentation of the budget in March.  Today, a team of high-level ministers met with the Belize National Teachers Union.  Deputy Prime [...]

B.N.T.U. Says Meeting was Cordial

National President of the Belize National Teachers Union Senator Elena Smith says that the meeting was cordial. Smith says the government was open to suggestions. However, they did not discuss [...]

Did Cabinet Ministers Receive Pay Cut?

Following today’s budget consultation with the B.N.T.U., Deputy PM Cordel Hyde and Ministers Francis Fonseca and Henry Charles Usher were asked if cabinet ministers received a ten percent salary cut.  [...]

B.C.C.I. Says There Are Lot More Questions

Earlier this week, we told you about the Belize Chamber of Commerce and Industry’s letter to Prime Minister Briceño.  The B.C.C.I. wrote PM Briceño to share their concerns and recommendations [...]

G.O.B. Holds Second Round of Budget Consultation

Another round of budget consultation was held today in Belmopan with members of the Public Service Union.  Deputy Prime Minister Cordel Hyde, along with cabinet ministers Francis Fonseca and Henry [...]

PM Briceño is Open to Dialogue with B.C.C.I.

Also weighing on the much-debated wage cut is the Belize Chamber and Commerce and Industry.  The Chamber wrote to Prime Minister John Briceño and shared concerns about whether or not [...]

Should G.O.B. Execute a Public Sector Wage Cut?

The Belize Chamber and Commerce and Industry has written to Prime Minister John Briceño regarding budget consultations.  The letter dated February eighth expresses the Chambers’ appreciation to be included in [...]

Minister Espat says Kill BIL!

On Friday, Cayo South Area Representative and the Minister of Infrastructure Development and Housing Julius Espat made revelations into Belize Infrastructure Limited’s inner workings.  The Barrow administration created BIL, and [...]

G.O.B. Did Not Propose Salary Cut

This week is a critical week for the Briceño administration as they head into budget consultations with the unions. The past and new administrations have had to borrow one million [...]

Unions Meet with Executive Ahead of Budget Consultation

And with the debate on wage reductions now in the public discourse, following versions one and two of the Belize Business Bureau letter, the Public Service Union expressed their concern [...]