IMF Impressed
The IMF's closing statement on Belize's economy highlights progress in debt sustainability and economic recovery, with projected GDP growth of 6.5 percent in 2022.
The IMF's closing statement on Belize's economy highlights progress in debt sustainability and economic recovery, with projected GDP growth of 6.5 percent in 2022.
The Statistical Institute of Belize reports a 14.8% growth in GDP for the fourth quarter of 2021 compared to the same period in 2020.
Inflation in Belize increased to 4.1% in the last quarter of 2021, driven by rising prices in transport, food, and housing.
The Prime Minister supports the development of an ostrich agro-industry in Belize, pending environmental assessments and proper regulations.
ASR/BSI has filed a lawsuit against the Belize Sugar Cane Farmers Association and four farmers for blocking access to BSI's mill, causing revenue loss.
Travelers faced long delays at the airport due to mandatory insurance requirements and multiple flight arrivals on Saturdays.
The Minister of Health approved the Mennonite Expo while emphasizing the need for COVID-19 safety protocols and responsible event management.
The Minister of New Growth Industries expressed openness to supporting an ostrich industry in Belize, pending ecological assessments.
Lobster season closes on February 28, 2022, with prices rebounding to as much as 36 dollars per pound due to increased demand.
Nancy Marin faces challenges in breeding ostriches for livestock due to government regulations and high monitoring fees, despite minimal risk concerns from BAHA.
The Ministry of Agriculture announces a 33-cent increase in the price of Liquefied Petroleum Gas effective midnight.
The first day of mandatory travel insurance for visitors caused long lines at the airport as travelers adjusted to the new requirement.
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