The Central Bank of Belize is standing up for Governor Kareem Michael tonight - responding to an ad campaign targeting him. A release says, quote, "The Board of Directors of the Central Bank of Belize notes the continued circulation of misleading advertisements that seek to undermine public confidence in the Governor and the integrity of the Central Bank….The ongoing dissemination of misleading information through paid advertisements and personal attacks on the Governor of the Central Bank is a vain attempt at addressing grievances with respect to the Central Bank's regulatory actions and is unlikely to result in a successful resolution of such grievances. The said actions are intended to, and do, erode trust in Belize's financial system and may have broader implications for financial stability." End quote.

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