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The continued increase in the price of goods and services is taking a toll across Belize. In areas like San Pedro, Ambergris Caye, where the cost of living is higher, the situation is more alarming. Island residents report that prices for basic food items increase weekly, adding to the struggle to survive. While inflation has become a worldwide issue, the Government of Belize (GOB) has discussed the matter and, on Thursday, March 30th, announced several measures to address the concerning problem.

The discussion in Cabinet agreed to set up meetings with wholesalers and retailers to ensure that all understand the situation's urgency. This was tabled with a view to price control of goods and services. GOB also discussed establishing the practice of store inspections and monitoring as offered by the different unions (teacher and business unions) across the country. The report from the government also touched on revisiting the list of basic commodities to expand the number of goods that are price-controlled while also looking at the grocery bag program to ensure Belizeans who need help the most are benefitted. The next step now is to establish the mechanisms to put these action plans to work.

Click here to read the rest of the article in the San Pedro Sun

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