CDB Says Belize's Debt Overhang Unhealthy
The President of the CDB discussed Belize's high national debt, which is close to 100% of GDP and considered unsustainable.
The President of the CDB discussed Belize's high national debt, which is close to 100% of GDP and considered unsustainable.
Belize's growth in tourist arrivals was the strongest in the region last year, indicating potential for economic growth.
The Caribbean Development Bank conference in Barbados highlighted Belize's economic growth and challenges faced by Caribbean nations.
Belize is set to upgrade the Coastal Road into a proper highway with a project funded by the CDB costing US 36.6 million dollars.
Belize's ranking on the World Bank's Ease of Doing Business index has declined, highlighting systemic issues in government processes.
Japan donated $168,000 to the Orange Walk Town Council for a trash compactor to aid in waste management.
Potato farmers in San Carlos face challenges due to competition from Mexican potatoes affecting their harvest sales.
Diesel and kerosene prices will increase significantly at midnight due to supply shortages and increased demand from cold weather in North America.
Farmers in San Carlos Orange Walk are concerned about finding a market for their potatoes due to competition from Mexican imports.
Belize has exported its first shipment of soybean oil to Jamaica, facilitated by the Ministries of Trade and Agriculture.
The Belize American Chamber of Commerce is expanding its operations to major US cities to attract more investment to Belize.
The price of premium gas has increased from $9.95 to $10.19, ending a brief period below $10.
Advertisement
Leaderboard Banner · 728×90 / responsive
Advertisement
Mobile Sticky · 320×50