HomeEconomyUB’s Subvention Increase Falls Short of Ten Million Dollar Demand

UB’s Subvention Increase Falls Short of Ten Million Dollar Demand

UB’s Subvention Increase Falls Short of Ten Million Dollar Demand

After nearly a decade of waiting, the government has finally increased the financial support allocated to the University of Belize, but the dollar amount isn’t exactly what the University was hoping for. The government has pledged to supply an eight point seven-million-dollar subvention to the institution- a one point three-million-dollar difference from the union’s initial demand. Previously, the government claimed that sufficient funds were being handed to the institution, but the union maintained that the university could not operate efficiently under its current conditions. Additionally, the ten-million-dollar demand was not a figure contrived entirely by the union. It was the original subvention provided to the university in 2000 but would later be reduced to eight-point-five million under the previous UDP administration. The People’s United Party then committed to restoring the ten million dollars but have yet to fulfil that promise.

 

Facebook Comments

Share With: