G.O.B. Says 23 Cents of Every Dollar is Spent on Programs and Projects

PM Briceño then proceeded to emphasize that of every dollar government earns, only twenty-three cents is invested in social programs and infrastructure projects.  He also spoke on public investment programs, including the expansion of National Health Insurance.

 

Prime Minister John Briceño

“In effect, seventy-three cents of every dollar simply keeps the machinery of governance running, leaving twenty-seven cents of every dollar for programs and projects.  Now when we took office in 2020, the percentage of total spending available for programs and projects was at twenty-three cents on the dollar spent.  In just three years then, we have managed to shrink government’s operating cost by more than five percent, allowing more money to finance programs and projects that will benefit the people. To a sampling of the principal capital projects that will be included in this year’s public investment programs.  Of course, these all line up with Belize’s medium term development strategy, as well as the overarching goals of Plan Belize.  Thirty-five million dollars to fund the continued expansion of NHI. Three point five million dollars for hemo-dialysis support programs.  Twenty-one million to help fund the growing payables related to UDP land acquisitions.  Ten million dollars for the repair and maintenance of major highways.  Seven point five million dollars to support the ongoing expansion of solid waste transfer stations.  Six million dollars for low-income homes and housing repairs.  Five point seven million dollars for another phase of the PSW Goldson Highway rehabilitation, four million dollars for the upgrading of the Guinea Grass Road.  The paving of the road, Abi Mai, yes.”