Trade Deficit Ballooning
Belize's trade deficit nears half a billion dollars as imports rise and exports decline, particularly in citrus products and crude petroleum.
Belize's trade deficit nears half a billion dollars as imports rise and exports decline, particularly in citrus products and crude petroleum.
The Statistical Institute of Belize reports a negligible inflation rate of -0.01 percent for May 2019, with varying price changes across municipalities.
Taiwan is sending investment missions to Belize to explore opportunities in tourism and agriculture.
The Belize Government and Taiwan's Ministry of Transport launched a project to upgrade the driver's license and vehicle registration system in Belize.
Fuel prices for Premium, Diesel, and Kerosene are set to decrease significantly starting tomorrow.
The Taiwanese Minister of Transport and Communications signed a letter of intent with Belize's Tourism Minister to enhance Belize's tourism sector.
The Social Security Board announces a phased increase in contributions to ensure fund viability, while also addressing operational efficiencies to save costs.
A consulting group and the Department of Youth Services are seeking business proposals from single mothers for startup funding and will celebrate the winner at a gala.
The Belize City Council plans to issue a 6 million dollar municipal bond to address short-term cash flow challenges.
Social Security contributions will increase for all registered workers in Belize starting July 1st, 2019, to ensure the fund's sustainability amid rising operational deficits.
The Belize Bureau of Standards has released new pricing for LPG gas to ensure consumers receive fair value for their purchases.
Social Security's new deduction schedule will increase contributions to address the fund's deficit, with changes phased in over two years.
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