Prime Minister Says Inflation Fell by 2.5% in Two Years  

Belizeans complain about the high cost of living daily. In his State of the Nation address today, Prime Minister John Briceño said that inflation is on a decline. The PM quoted a figure of three-point eight percent, down from six-point three percent in 2024. He also said that there is more than eight hundred million dollars in banking liquidity.

 

Prime Minister John Briceño

“Inflation is down, falling from six-point-three percent in 2022 to three-point-eight percent in 2024. Banking sector liquidity is abundant, exceeding eight hundred million dollars. The Belizean dollar is stronger, with over one-point-nine billion dollars in foreign assets, and the public finances have been transformed in just four years, with public debt down to sixty-three percent of GDP from one hundred and thirty percent in 2020, fortified by a primary budget surplus of one percent of GDP.”