Tuesday, May 21, 2024

Financial Secretary

Former PM Rt. Hon. Dean Barrow among those summoned by the Commission of Inquiry for the sale of GOB assets

A new commission to investigate government assets' sale before the 2020 general elections were sworn in on February 1st.  The hearings' commencement will see former prime minister Right Honourable Dean Barrow, Financial Secretary Joseph Waight, and head of the Vehicle Care Unit Ruperto Vicente, answering the alleged irregularities.

IDB Group Vice President for Countries visits Belize

Vice President for Countries for the Inter-American Development Bank (IDB) Group Alexandre Meira da Rosa, visited Belize this week to meet with top government officials and private sector representatives to discuss ways of strengthening the Bank’s partnership and cooperation with the Government and private sector to ensure the country’s sustainable development.

GOB explains shortages of fuel and cash flow amidst allegations of money issues

Amidst the rumors that the Government of Belize (GOB) has maxed its 2017/2018 fiscal year budget, resulting in the shortage of fuel to the country due to unpaid arrears and a dire cash flow position threatening public workers’ salaries, two press releases were issued on Sunday, February 25th explaining the questionable situation.

“Tax increase very likely”; social partners meet with Financial Secretary

Joseph Waight, Financial Secretary, spoke about the concerns being raised by social partners and the majority of Belizeans, including a raise in taxes.

Decline in oil prices drastically affect PetroCaribe funds

With oil prices declining, the Venezuelan Government is preparing for an economic setback and possible humanitarian crisis which will be affecting the PetroCaribe Loan agreement.