: ' adele ramos'

S&P lists Belize as “CreditWatch Negative” after missed $26 mil payment on superbond

BELIZE CITY, Wed. Feb. 22, 2017–The international ratings agency, Standard and Poor’s, today listed Belize as ‘CreditWatch Negative,’ after the Government of Belize missed a coupon payment of BZ$26 million due earlier this week on its [...]

Fin Sec says tax increases are “inevitable”

Austerity ahead: tax increase not necessary; belt-tightening has to be across-the-board, NTUCB contends BELIZE CITY, Fri. Feb. 10, 2017–Amid fears of an impending tax hike, Financial Secretary Joseph Waight told the press on Friday evening that [...]

Economy imperiled, GOB tells businesses

BELIZE CITY, Thurs. Feb. 9, 2017–The national budget is due to be presented to Parliament in a few weeks, and whereas a draft budget book has not been prepared, preliminary figures for the $1.2 billion budget [...]

Decriminalization law for up to 10 grams of ganja lags behind after 5 years

BELIZE CITY, Thurs. Feb. 9, 2017–In 2012, Belize began to seriously look at changing its laws to decriminalize the possession of up to 10 grams of marijuana—about a handful of what is locally known as ganja—in [...]

Not another dollar of tax, says BCCI prez

BELIZE CITY, Mon. Feb. 6, 2017–Officials in the Ministry of Finance are due to meet this week with organizations representing the private sector as well as the unions, for consultations on the upcoming budget cycle, as [...]

PUP and UDP gang up against Ashcroft

BELMOPAN, Cayo District, Fri. Jan. 27, 2017–At an emergency meeting held in Belmopan, parliamentarians from both sides of the floor—the ruling United Democratic Party and the Opposition People’s United Party—voted in favor of a bill to [...]

No new US visa policy: US Embassy

BELIZE CITY, Mon. Jan. 30, 2017–A fake online news report saying that the recently installed US president Donald Trump, in a controversial executive order signed on Friday, January 27, captioned, “Protecting the Nation From Foreign Terrorist [...]

Bondholders didn’t bite — GOB extends offer deadline

BELIZE CITY, Fri. Jan. 27, 2017 [...]

Ashcroft goes for Belize’s jugular!

BELIZE CITY, Thurs. Jan. 26, 2017–British billionaire Lord Michael Ashcroft on Monday went back to US courts asking for an order to force the financially-embattled Government of Belize to pay him US$50 million—this after Prime Minister [...]