A New Governor is Set to Assume Office at Central Bank
A new Governor of the Central Bank of Belize is set to assume office later this week, with the start of a new financial year. Manuel Vasquez will succeed Ambassador [...]
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Regular Gas Goes Up Pass Eleven Dollars
It has become a holiday tradition and this year is no different. Yes, gas prices have been increased right before the Easter getaway weekend. Today, the Ministry of Finance announced [...]
Written on March 30, 2021 | Posted in Economy | Comments Off
G.O.B. Rejects Unions’ Proposals – Want to Proceed with Salary Cut & Increment Freeze
G.O.B. is not budging – at least that is the news coming out of the unions. The government has flatly rejected their cost-cutting proposal and wants to push full steam [...]
Written on March 26, 2021 | Posted in Economy,Featured,Miscellaneous,People & Places,Politics | Comments Off
G.O.B. to Meet with Unions; the Unions Won’t Budge on Measures for Now!
But it may not be a done deal. According to P.S.U.’s Dean Flowers, G.O.B. reached out to allow them a final chance to ventilate their reasons for their unwavering position. [...]
Written on March 26, 2021 | Posted in Economy,Featured,Miscellaneous,People & Places,Politics | Comments Off
G.O.B. Minister Says Reading of “Budget Will Be Difficult”
The country will have to wait for the reading of the budget for the new fiscal year 2021-2022 until April ninth. But today, Area Representative for Belmopan, Oscar Mira told [...]
Premium Gas Climbs Again; Nears $12 per Gallon
In the seemingly unrelenting gas price increases, Belizean consumers are being told once more by the Ministry of Finance that prices are going up. Today, they announced premium gasoline is [...]
Written on March 22, 2021 | Posted in Economy | Comments Off
Belize Joins Central American Delegates at I.D.B. Virtual A.G.M.
Like so many other organizations, the Inter-American Development Bank took its annual general meeting online this year. The Belize delegation to the three-day virtual event, which ended Sunday, was led [...]
Faber Supports Teachers Position; No to Salary Cuts
Opposition Leader Patrick Faber has come out in support of teachers and public officers in light of the proposed ten percent salary cut. For years, the former Minister of Education [...]
Faber Criticizes Briceño Administration Over Economy
To make matters worse, the cost of living, particularly fuel, continues to inch upward. In the past four weeks, the price per gallon of regular, premium and diesel gasoline has [...]
P.S.U. holds motorcades
Earlier this week we saw the branches of the Belize Nation Teachers Union hold simultaneous motorcades across the country to make a statement against the government’s proposed salary cut and [...]
Not So Fast on IMF Prescriptions Says Opposition Leader
The prescription by the International Monetary Fund for Belize to implement stringent measures to turn the economy around is being rejected in favor of a homegrown economic recovery plan. While [...]
BWEL, ZETA, GAS TOMZA claims shortage of LPG & blames NGC!
The Central American L.P.G. companies of BWEL, Zeta Gas and Gas Tomza say that they have to ration out L.P.G. to supply the local market. According to the three companies, [...]
NGC says there is no shortage of LPG!
This evening News Five reached out to the National Gas Company for comment on the issue. Their spokesperson Daniel Gutierrez says that there is no shortage of supply of L.P.G. [...]
Auditor General Responds to Unions’ Baseless Assertions
Auditor General Dorothy Bradley was in the crosshairs of the unions on Wednesday when they took aim at her and several others, including Financial Secretary Joseph Waight and Central Bank [...]
Reading of the Budget Postponed!
The reading of the national budget was scheduled for next Friday, March twenty-sixth. But today, word was circulating that it has been pushed back due to a request by the [...]
Written on March 18, 2021 | Posted in Economy | Comments Off
Regular Gas Goes Up to Almost 11 Dollars per Gallon
Belizean drivers are about to get shocked at the pump again. Regular fuel will increase by a whopping eight-six cents on Friday. Drivers will now have to pay almost eleven [...]
Written on March 18, 2021 | Posted in Economy | Comments Off
Joint Unions of Belize Call for Removal of FinSec Joseph Waight
First, the unions said both the U.D.P. and the P.U.P. had not done their jobs properly when in opposition. Now, they have called out the financial secretary for his own [...]
The Unions Also Call for the Removal of Auditor General, Central Bank Governor
The unions also referenced the Ministry of Natural Resources which has been famously described as a “hotbed of corruption.” They called for the replacement of Central Bank Governor Joy Grant, [...]
Cutting the Wastage in Government
The press conference held by the Joint Unions of Belize covered its counterproposal to G.O.B. as they fight cuts to public officer and teacher salaries and a three-year increment freeze. [...]
Cost Saving, Revenue Enhancement Recommendations to G.O.B.
The unions believe that enough time has not been given for them to properly respond to the proposals since the budget presentation is scheduled for next week Friday, March twenty-sixth. [...]
Joint Unions Want Phantom Workers out and Whistleblower Legislation
The unions spoke of tens of thousands of dollars being paid to duplicate public officers in the system. We are told that a social security number is attached, but is [...]
Cabinet Continues to Review of Union Proposals
As we reported on Tuesday, Cabinet met at the House of Culture in Belize City in a marathon session to discuss a range of issues, most pertinently the joint Union’s [...]
N.G.O.s Call Out Ministry of Blue Economy on Gillnet Ban Lawsuit!
Gillnets will just not go away, although a ban on the destructive fishing gear was signed into law last November. Aside from the nationwide gillnet ban, G.O.B. signed an agreement [...]
Ministry of Blue Economy Hits Back on Gillnet Issue!
But tonight, the Ministry of Blue Economy says hold up – that’s not what is happening. Earlier today, the ministry issued its own press release to counter the joint statement [...]
Unions Flexible to Changing Position, If and Only If…
During today’s press conference, the joint unions also responded to comments made that public service and the teachers have not made any sacrifices. The unions maintain that its members have. [...]
