Tag Archives: 'economy'

60,000 pounds of onions, mostly from Holland, imported weekly

60,000 pounds of onions, mostly from Holland, imported weekly

BELIZE CITY–Due to climatic conditions and the lack of proper storage facilities, Belizean producers supply the local market with onions for only part of the year, usually from January to about August. Currently, Belize imports 60,000 [...]

Belize’s economic outlook upgraded from stable to positive

Belize’s economic outlook upgraded from stable to positive

NEW YORK CITY–The international ratings agency, Standard and Poor’s (S&P) announced on Friday, November 7, 2014 that it had revised Belize’s economic outlook from stable to positive. “The positive outlook reflects our view that new foreign [...]

Belize experienced rising poverty amid “boom” for the Americas

Belize experienced rising poverty amid “boom” for the Americas

TORONTO, Canada–The challenging economic outlook for the Americas was the subject of an economic forum held in Canada that has just concluded. José Miguel Insulza, Secretary General of the Organization of American States (OAS), analyzed the [...]

IMF calls on Belize to take “strong measures”

IMF calls on Belize to take “strong measures”

BELIZE CITY–The International Monetary Fund (IMF) released its latest assessment of Belize this evening, and its executive board’s assessment calls on the Government of Belize to trigger “a vigorous policy response” to what the IMF describes [...]

Barrow comments on Belize’s economic performance

Barrow comments on Belize’s economic performance

BELIZE CITY–Prime Minister and Minister of Finance Dean Barrow has described Belize’s 8.7% GDP growth for the second quarter of 2014 as “phenomenal,” but said that the tremendous gap between Belize’s huge import bill and reduced [...]

Inflation up! Vegans and vegetarians feeling the pinch

Inflation up! Vegans and vegetarians feeling the pinch

Higher transport, rental and vegetable prices Steamed cabbage can help lower your cholesterol, and a substance known as sinigrin in cabbage is said to be vital for cancer prevention. However, those who rely on a diet [...]

Economic performance projected to improve in Belize and the Caribbean: CDB

Economic performance projected to improve in Belize and the Caribbean: CDB

Caribbean economies are expected to grow, on average, by around 2.3% in 2014, and Belize’s economy by 2.5% in 2014 and 2015, according to the recently released annual report of the Caribbean Development Bank (CDB). Last [...]

Belize: earning $100 and spending $234.80

Dear Editor: The Belize economy has been performing less than stellar from independence until now. Our economic growth has been induced by eternal borrowing. Our external debt has increased steadily since independence with no post-independence government [...]

OAS Sec Gen discusses Guatemala-Belize problems in advance of Sept. 19 meeting

OAS Sec Gen discusses Guatemala-Belize problems in advance of Sept. 19 meeting

Guatemala is due to host the Special General Assembly of the Organization of American States (OAS) on September 19, 2014, and OAS Secretary General José Miguel Insulza arrived there on Friday, May 16, to discuss plans [...]