Foreign Exchange Getting Scarce
The Prime Minister discusses the prioritization of foreign exchange distribution amid challenges faced by businesses and importers in Belize.
The Prime Minister discusses the prioritization of foreign exchange distribution amid challenges faced by businesses and importers in Belize.
business activity in downtown Belize City declines significantly following the confirmation of a COVID-19 case in the area.
Tour operators in San Pedro face severe economic challenges due to COVID-19, with many stranded residents and reduced flight services exacerbating the situation.
Dr. Marvin Manzanero states that even with open borders, a quick return to tourism is unlikely due to ongoing health concerns.
Traveller's Ltd. has shifted from rum production to manufacturing hand sanitizer to address the shortage during the COVID-19 pandemic.
grocery stores in Belize are implementing delivery and pickup services while enhancing sanitary measures in response to COVID-19.
Belize Electricity Limited will provide credit to over 7,000 needy customers on their electricity bills during the COVID-19 pandemic.
The City Council is offering discounts on property taxes and license fees as part of a COVID-19 relief package for Belizeans.
Belize's trade imbalance worsens as imports rise and exports fall, prompting discussions in the Senate about the impact of COVID-19 on the economy.
The Belize Tourism Board laid off 35 employees, providing severance and a commitment for future re-employment as tourism struggles.
The Prime Minister announced that BTL, BWSL, and BEL pledged a million dollars each to the COVID relief effort.
BEL cannot guarantee lower bills for consumers and discusses cost-cutting measures implemented by the Ministry of Finance.
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