Tag:
Prime Minister Honorable John Briceño
Business & Economy
Belize to benefit with millions from foreign aid to help micro, small and medium enterprises
Belize could see between $US200 and $US500 million in grant funding from an independent United States Government foreign aid agency called Millennium Challenge Corporation (MCC). This funding, expected in 2023, would aid the nation’s economic development and last for five years.
Government
Commission of Inquiry final report approved by Cabinet; highlights irregularities by ministers of previous administration
The report from the Commission of Inquiry into the sale of government assets has been completed and submitted to Cabinet. The report was to determine whether proper procedures, practices, applicable rules, and regulations were duly observed in the sale of government assets by the previous administration under the United Democratic Party from October 2019 to November 2020. The government announced on Tuesday, January 11th they will submit the findings to the Office of the Attorney General and Office of the Director of Public Prosecutions for advice and action deemed appropriate.
Business & Economy
Sugar crop season in limbo; no agreement reached between BSI/ASR and cane farmers association
The current standstill outside Orange Walk Town by the sugar factory continues with a possibility to come to an end on Monday, January 3, 2022. The main area of contention between the Belize Sugar Cane Farmers Association (BSCFA) and the Belize Sugar Industry (BSI)/American Sugar Refinery (ASR) is an interim agreement regarding the handling/ milling of the sugarcane expected to last throughout the crop in August of 2022, instead of only up to the end of April. Farmers fear that if the commercial agreement ends in April, it could jeopardize the sugar season of the upcoming year.
Environment
Prime Minister Hon. John Briceño tells UN Climate Change summit, “Without the reef, Belize’s economy could crumble.”
During the opening day of the 26th UN Climate Change summit, also known as the Conference of the Parties (COP26) in Glasgow, Scotland, UK, Prime Minister Honorable John Briceño called on developed countries to take immediate and ambitious action to save the planet. Briceño pointed out that developed countries must not only deliver but increase their commitments to climate finance. The prime minister highlighted how Belize’s natural resources are impacted by the effects of climate change and called on those responsible for emitting high greenhouse gases such as carbon dioxide.
