Portofino Resort- Now with a new BEACH BAR!!
Topic Options
#501333 - 02/20/15 08:54 PM New billion-dollar budget to be read on March 13
Marty Online   happy
Amandala was informed by an official of the Ministry of Finance this morning that the new national budget for the fiscal year 2015-2016 is due to be read on Friday, March 13 Ė thatís the week after the municipal elections are held.

Deputy Financial Secretary Marion Palacio said that their team is still working on putting together the numbers for the budget that will exceed a billion dollars.

The performance for the current budget year is being impacted by a number of factors, including large capital outlays from Central Government for works in the various towns and cities, as well as the salary adjustments implemented for teachers and public officers during the course of the budget year.

Unapproved additional expenses will be summarized in supplementary appropriation bills that will either accompany the new budget or will be tabled after the current fiscal year closes.

As for the nationís overall economic performance, Palacio said that current indications suggest that the economic performance for 2014 surpassed that for 2013, which registered at a very low 0.7%, although the nation has been struggling with waning oil production and exports.

That was countered by a strong performance in the tourism sector, as well as a rebound in sugar and healthy performance in the agriculture and fisheries sectors. GDP growth is projected to register 2.6% for 2014, according to data published for Belize by the World Bank.

In relation to debt servicing, Palacio said that Belize has been meeting its commitments, and it has already processed the US$13 million interest payment due on the Super-bond tomorrow.

In September, the country will begin to repay the principal portion of the PetroCaribe financing deal, with BZ$4 mil to BZ$4.5 mil becoming due on an annual basis.

Amandala

Top
#502690 - 03/26/15 07:25 PM Re: New billion-dollar budget to be read on March 13 [Re: Marty]
Mallmax Offline
Who would I contact about providing electrical power to Belize at under 5 cents a Kwh?

We have developed a revolutionary process for generating electric power with no
combustible fuels, no wind, no solar, no batteries etc. This technically advanced process is
primarily mechanical with zero carbon emissions. The process is fully sustainable and can boast
of being the fastest, most beneficial, and most cost-effective implementation within the industry.

Robb Reel
mppofwictita@gmail.com

Top

Links
Click for excellent scuba lessons with Elbert Greer!


Things to do

News
Daily News
Daily Weather

Classified Ads
BelizeNews.com
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Amandala
Love FM
The Reporter
Caye Caulker
Chronicles

PLUS TV
TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites

Event Guides
Event Calendar
Specials & Events
Things to Do
SanPedroScoop
iTravel Belize
Paradise Theater

Blogs
San Pedro Scoop!
Tia Chocolate
Tacogirl
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Bound for Belize
Conch Creative
As The Coconuts Drop
More Blogs...
Search thousands of Belizean-only websites
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Conch Shell Inn: All rooms are right on the beach in the heart of San Pedro, so within walking distance to anything and everything!!
Lilí Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
Mini Chat

Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
December
S M T W T F S
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
Who's Online
0 registered (), 33 Guests and 7 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
18,673 Registered Members
44 Forums
64,048 Topics
462,275 Posts

Most users ever online: 1,262 @ 06/10/07 07:16 PM




AmbergrisCaye.com CayeCaulker.org HELP! Visitor Center Goods & Services San Pedro Town
BelizeSearch.com Message Board Lodging Diving Fishing Things to Do History
BelizeNews.com Maps Phonebook Belize Business Directory
BelizeCards.com SanPedroDaily.com Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.