Belize to Receive Over $100 Million in Assistance from U.S.

Belize is to receive over a hundred million dollars in assistance from the U.S. through our countries’ bilateral ties. On Thursday, the U.S. State Department’s Deputy Assistant Secretary of Western Hemisphere Affairs, Eric Jacobstein, told News Five that the assistance will come through the Millennium Challenge Corporation, an independent U.S. government foreign aid agency, and the investments are for education reform and in the electricity sector.

 

Eric Jacobstein, Dep. Asst. Sec., Western Hemisphere Affairs, U.S. State Dept.

“Our bilateral relationship is stronger than ever right now. In particular, I want to highlight the fact that the Millennium Challenge Corporation is finalizing a compact for one hundred and twenty-five million dollars with Belize that will allow for education reform. It will also deal with the high costs in the electricity sector. So for us, this is huge, this is unprecedented in the type of foreign assistance arriving from the United States to Belize. And it speaks to the strong relationship that our countries have. And it’s something that is important, something that we continue to want to highlight in the conversations between our countries and saying that we believe will continue to be really the center of our relationship in the months ahead.”