Friday, December 13, 2024
Tag:

Ministry of Finance; Economic Development and Investment

A New Chapter for Development: New IDB Offices in Belize

The Government of Belize is pleased to announce a significant milestone in our partnership with the Inter-American Development Bank (IDB) for the nation's sustainable development and economic growth. The IDB is set to establish brand new offices in Belize City. This development underscores the IDB's deep commitment to Belize and marks a crucial step in our joint efforts to foster economic growth and multisectoral development.

Belize Attends IDB Boards of Governors Meeting in the Dominican Republic

Hon. Christopher Coye, Minister of State for the Ministry of Finance, Economic Development, and Investment, led a delegation from the Government of Belize to the Inter-American Development Bank's (IDB) Boards of Governors Annual Meeting in Punta Cana, Dominican Republic, from March 8 to 10.

San Mateo public information session held in San Pedro

The San Pedro Town Council (SPTC) continues to work on a plan to upgrade the standard of living and infrastructure in the northern subdivision of San Mateo. A large-scale plan that will include paved streets, drainage systems, better access to utilities, waste management, and even the possible creation of public areas was discussed with the residents during a public meeting on January 23, 2024. The project depends on the community's feedback. As such, a follow-up discussion was hosted by the SPTC on Tuesday, February 13th, at the Sunbreeze Hotel.

Belize Delegation Attends 37th IDB Governors Meeting

The Inter-American Development Bank's (IDB) 37th Meeting of Governors of the Central American Isthmus and the Dominican Republic was held in Antigua, Guatemala, from February 5 to 6. The high-level meeting was poised to foster critical discussions on regional economic integration, infrastructure development, and bilateral cooperation.

DFC Officially Submits Green Climate Fund Accreditation Application

The Development Finance Corporation takes a significant step forward in its commitment to combat climate change by officially submitting its accreditation application to the Green Climate Fund (GCF) on January 31, 2024. This landmark move positions DFC to access up to US $50 million in Green limate Funds, empowering the organization to spearhead transformative initiatives in the realm of sustainable development and environmental protection. The GCF, established to assist developing countries in addressing climate change through mitigation and adaptation efforts, serves as a crucial resource in advancing global climate action.

Belize explores an integrated approach to improve financing for sustainable development

Over 40 personnel from the public and private sectors as well as development agencies came together for a three-day technical workshop to improve development financing and planning towards accelerating the Sustainable Development Goals (SDGs) and climate objectives. This is being considered through the implementation of the Integrated National Financing Framework (INFF) approach in Belize based on national priorities and experience from other countries. The workshop was convened by the Ministry of Foreign Affairs and Foreign Trade and the Office of the UN Resident Coordinator (UNRCO) with technical leadership of the United Nations Development Programme (UNDP) in partnership with the Ministry of Finance, Economic Development, and Investment and Ministry of Sustainable Development, Climate Change and Disaster Risk Management.

GOB Secures Funding for Rehabilitation of Corozal Free Zone Access Road

On January 11, 2024, the Ministry of Finance, Economic Development and Investment, in collaboration with the Ministry of Agriculture, Food Security and Enterprise and the Corozal Free Zone (CFZ), celebrated a momentous occasion with a groundbreaking ceremony for the rehabilitation of approximately 1.6km of the Corozal Free Zone Access Road.

GOB Cautions Against Illegal Boledo Lottery and Jackpot Sales

The Ministry of Finance, Economic Development and Investment, which is responsible for regulating lotteries, has been receiving information on several illegal lottery sales. The ministry is monitoring these unauthorized operations, and action will be taken against the offenders. Only persons or businesses that obtain a license or have been appointed as an agent by the Lotteries Committee can promote, sell, hold, or conduct boledo lottery, ordinary lottery, or jackpot lottery.