The economic impact of the COVID-19 crisis is widespread and across the country municipal administrations are feeling the financial crunch. Of the four hundred and twenty employees on staff at [...]
Orange Walk Mayor Kevin Bernard is pleading to Prime Minister Dean Barrow to afford city and town councils across the district financial relief. Most councils have closed down and only [...]
Up north in Corozal Town, lines formed at supermarkets and banks as residents conducted last minute shopping, prior to the start of the curfew. But on Wednesday, a few miles [...]
The economic slowdown is not only affecting central government, but the nine municipalities in the country. While G.O.B. can access international funding, the councils require funding for their recurrent expenses. [...]
Earlier you heard that municipalities are facing uncertainty on government subventions. Streams of revenue from traffic and property taxes are drying up and collections have dipped considerably. Under the state [...]
As part of measures to contain spending in the public sector, the government is cutting fuel allocations for some ministries. The cutback represents a twenty-five percent reduction in allocations to [...]
Supermarkets and select grocery stores will be allowed to remain open during the next thirty days of a national state of emergency. On a needs only basis, persons will be [...]
During the national shutdown there are going to be several other businesses in various sectors that will be ceasing their operations, forcing employees to go jobless during the thirty-day interim. [...]
A significant sum of money to be borrowed from at least three international financial institutions, including the World Bank, the Inter-American Development Bank, as well as the Central American Bank [...]
The Social Security Board has positioned itself to mitigate the effects of the COVID-19 pandemic. The S.S.B. says that it remains committed to safeguarding the health, safety and well-being of [...]
On Monday afternoon, the Inter-American Development Bank held a webinar to talk about COVID-19 and the implications on the Caribbean. During the live online show, Therese Turner Jones of the [...]
The private sector arm of the Inter-American Development Bank, the IDB Invest, was also a part of the webcast discussion. C.E.O. James Scriven spoke about how they are engaging their [...]
As of Wednesday night, the restriction of free movement of citizens across the country will come into full effect as part of the state of emergency. Only persons who are [...]
Are there sufficient medical equipment and supplies to take us through this period of national shutdown, amid the COVID-19 crisis? According to PM Barrow, there is enough to last the [...]
To tide Belizeans over while funding from the international financial institutions is made available, government will be drawing down on monies that have been earmarked from its majority-owned utility companies, [...]
There are more details tonight on the ten million-dollar donation granted by Lord Michael Ashcroft to the government to assist in the combat against COVID-19. The donation has been deposited [...]
There are two cases of COVID-19 in Belize, but the deadly virus is already having a toll on the way of life. It is an enemy that attacks everyone from [...]
The Statistical Institute of Belize has released its most recent figures as it relates to the Consumer Price Index and External Trade Bulletin. Last month, consumer prices increased slightly, as [...]
Financial institutions stand ready to work with their respective customers during this time of economic catastrophe. The Central Bank of Belize, led by Governor Joy Grant, has been instrumental not [...]
Prior to this afternoon’s press conference, there had been persistent hearsay on social media that the prime minister would be bringing into effect a countrywide lockdown in attempting to mitigate [...]
According to PM Barrow, should a countrywide state of emergency become imminent, citizens must not panic. In the case of such eventuality, the prime minister says that the national taskforce, [...]
As the nation braces for a crisis provoked by the COVID 19, several measures were announced today at a press conference by the national Oversight Committee, to ease the pain [...]
Belize’s economic performance in light of the existing crisis is very poor and it will take months for the country to rebound from the doldrums of COVID-19. Gross domestic product, [...]
With prices for crude oil dropping on the international market, kerosene prices will go down at the pump at midnight tonight. The Ministry of Finance says the price for kerosene [...]
Reports surfaced this morning that the Michael Finnegan Market was closing down. The information online suggested that vendors were all leaving at midday because the market would be shutting down. [...]
