Saturday, May 18, 2024

Gross Domestic Product

SIB report indicates the cost of living is on the rise

The Statistical Institute of Belize (SIB) released a report on August 30th, citing a rise in the cost of living for Belizeans.

National Sustainable Tourism Policy looks at the next 10 years

The increase in the tourism industry has brought 90 tourism property owners, tour operators, investors, bankers and other stakeholders to offer their input when the Ministry of Tourism and Civil Aviation presented its draft National Tourism Policy for 2018-2028.

PM Barrow presents 2017-2018 National Budget

Under the theme ‘Bouncing Back-A Bold Belizean Recovery,’ the official National budget for the 2017-2018 fiscal year, was presented on Monday, March 13th.

“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.

SIB figures show that Belize is still in recession

The figures from SIB show that the country has experienced three consecutive quarters of negative Gross Domestic Product (GDP) growth.

IMF says Belize’s economic growth is in jeopardy

According to the IMF, Belize is encountering significant vulnerabilities, and reducing public debt should be the country’s first priority.

PM Barrow is confident that Belize will recover from “recession”

The current financial hardships Belize is experiencing has caused the country’s economy to plunge, but PM Dean Barrow is confident we will recover.

SIB releases quarterly report

On Wednesday, June 29th the Statistical Institute of Belize (SIB) released the first quarter report of the Gross Domestic Product (GDP) for 2016.