Ministry of Finance and Economic Development

Articles relating to Corruption in the Ministry of Finance and Economic Development


Prime Minister’s Address the Belize Chamber of Commerce & Industry

April 27, 2017 Thank you for inviting me to share my sense of the business climate, the macro economy, and a few of my Administration’s actions and plans for sustaining and broadening Belize’s economic expansion. To some extent, a degree often underestimated, both government and the private sector grapple with conditions that are uncontrollable, or at least unpredictable. For example, at the start of our tenure nine years ago, the Great Recession and the unusual oil price spike that wobbled the global economy, especially small economies in the American orbit such as Belize, was surely not something we had bargained […]


How America plans to pay for their wall

This controversial issue is being discussed by just about everyone but nobody actually discusses the actual funding of it. It seems as per this bill that it will be paid by many countries.Basically, brace yourself because remittances will be slowing or stopping for a lot of countries and people including Belize. The Bill: This Act may be cited as the “Border Wall Funding Act of 2017”. Introduced in House (03/30/2017) [Congressional Bills 115th Congress] [From the U.S. Government Publishing Office] [H.R. 1813 Introduced in House (IH)] 115th CONGRESS 1st Session H. R. 1813 To amend the Electronic Fund Transfer Act […]


National Aquaculture Sector Overview

Characteristics, structure and resources of the sector Summary Aquaculture in Belize formally began in 1982 with the development of ten acres (4 ha) of experimental ponds by a private company, in the southern part of the Country. Since that time, the industry has developed rapidly and has become firmly established as a significant contributor to the Belizean economy in terms of foreign exchange earnings, income generation, employment, nutrition, and food security. In Belize, the aquaculture industry is primarily based on the production of the whiteleg shrimp (Penaeus vannamei). Aquaculture in Belize has been expanding in volume and value more rapidly […]


2012 Food-Based Dietary Guidelines for Belize – Ministry of Health

Acronyms CNCD Chronic non-communicable Diseases INCAP Nutrition Institute of Central America and Panama FAO Food and Agriculture Organization CFNI Caribbean Food and Nutrition Institute Kcal kilocalorie FBDG Food Based Dietary Guideline HECOPAB Health Education and Community Participation Bureau QUADS Quality Assurance Development Services PAHO Pan American Health Organization BAHA Belize Agricultural Health Authority HFLE Health and Family Life Education INSTITUTIONS REPRESENTED IN THE MULTI-SECTORAL GROUP Ministry of Health Nutrition Unit Public Health Unit Health Education and Community Participation Bureau (HECOPAB) Karl Heusner Memorial Hospital Ministry of Agriculture National Food & Nutrition Security Commission Ministry of Education School Health Unit Quality […]


Original Chaguaramas Treaty

Original Treaty Establishing the Caribbean Community and Common Market signed at Chaguaramas Chaguaramas, 4th July 1973 (This is the Official Text of the Treaty, the Final Act and the Agreement establishing the Common External Tariff) PREAMBLE The Governments of the contracting States, Determined to consolidate and strengthen the bonds which have historically existed among their peoples; Sharing a common determination to fulfil the hopes and aspirations of their peoples for full employment and improved standards of work and living; Conscious that these objectives can most rapidly be attained by the optimum utilisation of available human and natural resources of the […]


Debt – America and the World – Economic collapse

University of Groningen EPISODE 1: Debt, a great invention is the first episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money systems developed over the years into the financial system we have today. All modern money is debt created by banks and this system has and can potentially bring us great wealth. EPISODE 2: How bubbles grow is the second episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money can be created by banks for both productive and non-productive purposes. […]


The Georgetown Accord

THE GOVERNMENTS OF THE COMMONWEALTH CARIBBEAN COUNTRIES THROUGH THEIR HEADS OF DELEGATIONS TO THE EIGHTH CONFERENCE OF HEADS OF GOVERNMENT OF COMMONWEALTH CARIBBEAN COUNTRIES ASSEMBLED IN GEORGETOWN, GUYANA, FROM 9TH TO 12TH APRIL, 1973 – DETERMINED to consolidate and strengthen the bonds of unity which have historically existed among their peoples; SHARING a common determination to fulfil within the shortest possible time the hopes and aspirations of the people of the Caribbean Territories for industrial and agricultural development, full employment and improved living standards; CONSCIOUS that these goals can most rapidly be attained by the optimum use of available human […]


The Georgetown Agreement 2003

Brussels, 28 November 2003 ACP/27/005/00 Rev.16 Legal Service/NJB/mgf [Final Version] THE GEORGETOWN AGREEMENT As amended by Decision No.1/LXXVIII/03 of the 78th Session of the Council of Ministers, Brussels, 27 and 28 November 2003 PREAMBLE THE GOVERNMENTS OF THE AFRICAN, CARIBBEAN AND PACIFIC STATES, hereinafter referred to as “the ACP States”; DESIROUS OF CONTRIBUTING through continuous and concerted endeavours to the reinforcement of the process of solidarity of developing countries; HAVING REGARD to the ACP-EEC Lomé Conventions and the ACP-EC Partnership Agreement signed on 23 June 2000 in Cotonou, hereinafter referred to as the ACP-EC Partnership Agreements; HAVING REGARD in particular […]


The Georgetown Agreement 1992

Amended in accordance with the Council of Ministers’ Decision adopted at its 55th Session held in Brussels from 24 to 26 November 1992 Document ACP/27/028/92 THE GOVERNMENTS OF THE AFRICAN, CARIBBEAN AND PACIFIC STATES, Hereinafter called as the “ACP GROUP“, HAVING CONTRIBUTED, through united and concerted endeavours to the acceleration of the process of solidarity of developing countries, HAVING REGARD to the ACP-EEC Lome Convention, REAFFIRMING their attachment to the fundamental principles of human dignity, human rights and the rights of peoples; DESIROUS of consolidating and strengthening the existing solidarity of the ACP Group, and of promoting improved cooperation between […]


The Georgetown Agreement 1975

The Georgetown Agreement (formally establishing the African, Caribbean and Pacific Group of States, the “ACP Group”), since 1975 (ACP) Date of Text Adopted on June 6, 1975 at Georgetown Entry into force on February 12, 1976 Amended on November 26, 1992 at Brussels Amended on November 28, 2003 at Brussels Host Institution: African, Caribbean and Pacific Group of States (ACP) Members Contracting Parties/Signatories Subject Matter Industrial Property Notes IP provisions: Article 1 THE GEORGETOWN AGREEMENT ON THE ORGANIZATION OF THE AFRICAN, CARIBBEAN AND PACIFIC GROUP OF STATES,1975 THE GOVERNMENTS OF THE AFRICAN, CARIBBEAN AND PACIFIC STATES, hereinafter called the “ACP […]


Moving the OECS & Belize deep into the CSME

By: Rickey Singh on Sunday, June 06, 2010 TRADE and economic disadvantages being experienced by the Less Developed Countries (LDCs) of the Caribbean Community pose a critical challenge to their full integration in Caricom’s Single Market and Economy (CSME). These are largely countries of the Organisation of Eastern Caribbean States (OECS) and Belize. According to the findings of a just-completed major study, the creation of a Regional Stabilisation Programme (RSP) must be treated as an urgent priority. Caricom’s Council for Trade and Economic Development (COTED) will shortly discuss the findings and recommendations of the study, viewed as a very serious […]


Understanding the Greek debt crisis

A while back I noted that we should be looking at Greece for where not to end up in the future, seeing that G.O.B. keeps borrowing more and more every day that goes by; adding more and more debt on the shoulders of every Belizean that will have to be paid for by many future generations. I want to share these videos with you all so you can understand what’s going on in Greece and better look at what’s happening in Belize and hopefully stand up and fight for the future of Belize. After all, our children and their children […]