body,td,th { font-family: Arial; font-style: normal; font-weight: normal; }
And while high end rums like that will earn foreign exchange, for those manufacturers, importers and others trying to get commercial amounts of hard currency to pay their suppliers from Commercial banks. Yesterday in his first ever press briefing, the governor of the Central Bank addressed that chronic problem and said marked improvement shave been made:
Kareem Michael, Governor of the Central Bank of Belize
"What you're hearing on the street. I've been waiting two weeks for my foreign exchange I can't get anything. I've already gotten my approval from the central bank a year ago or two years ago. The value of those applicants applications were roughly around $100 million. They're now down to 24 million and steadily declining."
