Despite the significant post-pandemic boost in the country’s G.D.P., Belize is still wrestling with inflation. However, there’s been a shift in what’s driving this inflation. Previously, Belize was importing inflation. Now, according to the Central Bank, over sixty percent of Belize’s inflation is influenced by
Now for some more good financial news: the Government of Belize has managed to slash its debt-to-GDP ratio from a whopping one hundred and three percent in 2020 to sixty-four percent in 2024. That’s a huge drop! Michael even called it incredible. [caption id="attachment_28676" align="alignright" width="300"]
Under current foreign currency laws, people traveling outside of Belize for business can only get two hundred and fifty dollars per day from an authorized dealer. Those seeking medical treatment or going on vacation can receive up to three thousand dollars. But today, the Central
As part of its wave of changes, the Central Bank of Belize is gearing up to launch a credit reporting system. Central Bank Governor Kareem Michaels says this new system will open up access to finance, boost financial inclusion, and help maintain a stable financial
We've been keeping you in the loop for months about the Central Bank's new currency designs. Well, the wait is almost over! The designs will be unveiled in January 2025. And don't worry, the change in design won't affect the value of your money. The
Last night, we brought you part three of our deep dive into the operations at Caribi Bleu Casino in San Pedro. Tonight, we have breaking news: the Central Bank has confirmed they're investigating the casino. As we've reported, the casino was caught running an unauthorized
David Almendarez is well-known for his outspoken criticism of the government and his zero-tolerance stance on corruption. As the face of FECTAB (the Federation of Cruise Tourism Association of Belize), he's often been vocal about issues with current and past administrations. While some call him
A scuffle between two young athletes at the Hostel football field on Tuesday evening led to a woman being charged with common assault today. The incident started when a boy and a girl, both students at St. Ignatius Primary School, were playing football. A tackle
The child's mother has confirmed that charges will be brought against the woman, including common assault and using threatening words. Voice of: Mother of Student “The charge was common assault. The aunt has been charged with common assault since she was the one that followed my
Miss Universe Belize, Halima Hoy, faced backlash from the Sarstoon Temash Institute for Indigenous Management (SATIIM) over her national costume and presentation of the Deer Dance on stage. SATIIM called her presentation sacrilegious, explaining that the Deer Dance is a sacred religious ceremony for Maya
