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Govt. seeks to deal with effects of war #65037
03/21/03 12:04 PM
03/21/03 12:04 PM
Joined: Oct 1999
Posts: 82,939
oregon, spr
Marty Offline OP

Marty  Offline OP
Govt. seeks to deal with effects of war

With the war in Iraq unfolding on our TV screens, Belize
Belizeans can do little more than hope for the best and
prepare for the worst. In the international diplomatic
manoeuvring prior to the U.S. invasion, we managed to
a low profile as the drama played out in the U.N.
Council, a body upon which we do not currently sit.
Today, in
the aftermath of the bombing of Baghdad, the government
has issued a low-key statement on the conflict. It reads

"The Government of Belize deeply regrets the failure of
diplomacy and the resort to military force to deal with
Iraqi crisis. The global effects of this war are as yet
but it could have a serious effect on all our
addition to the impact of the war on the economy, there
could well be serious heightened security concerns for
Belizean people."

The release went on to detail steps taken by the
government, including a special meeting of the National
Security Council to assess the situation as well as
security measures at foreign embassies and ports of
to guard against the possibility of terrorism.

Meanwhile, the war's most immediate effects are being
at the gas pump. While government has not yet announced
the retail prices associated with the fuel shipment that
is due
to arrive any time at the Belize City port, sources in
petroleum industry have told News 5 that the acquisition

costs are up again: premium by ten cents a gallon,
and kerosene by five point six cents and diesel by nine
These are acquisition costs, and in normal times the
increases at the pump would be higher, due to the
proportional addition of taxes and mark-ups. But these
not normal times, and for the last three shipments
government has absorbed the higher acquisition costs by
lowering its tax bite--taking a hit believed to total as
as seventy to eighty cents per gallon. It is clear that
Treasury cannot keep this up forever and the question at
point is how much of that lost ground will Belmopan need
recover. Whatever new prices are set, they will come
effect on Saturday.

Re: Govt. seeks to deal with effects of war #65038
03/21/03 01:03 PM
03/21/03 01:03 PM
Joined: May 2000
Posts: 2,090
Corpus Christi, Texas USA
Debbie Offline
Debbie  Offline
Ouch! Looks like Belize is making a nice effort to help it's citizens, but yes, it can't keep it up indefinately. Sorry to hear that. I know large fishing boats will be hard hit. A friend of ours who has a large yacht in Corpus Christi bay that he uses for work, and occasional trips to Mexico, and for recreation, says he gets one mile to the gallon in that boat. Those who do charters for fisherman will be hit hard, and have to pass on the costs.... It will hurt. Corpus Christi has been lucky as the gas pump prices have not gone up as high as in some other places in the US. Currently we are paying $1.69 a gallon. I know this isn't the case in other places. Well just all have to pray that this is over quickly with a minimum of casualties......

Re: Govt. seeks to deal with effects of war #65039
03/21/03 10:52 PM
03/21/03 10:52 PM
Joined: Oct 2000
Posts: 734
Tres Cocos, Ambergris Caye
JmHanna Offline
JmHanna  Offline
First there was Mitch, Then Kieth, Then 911, Now this.
It is getting impossible to catch up.

Re: Govt. seeks to deal with effects of war #65040
03/22/03 09:19 AM
03/22/03 09:19 AM
Joined: Nov 2000
Posts: 6,251
NYgal Offline
NYgal  Offline
Let's not forget Iris.

How is their growth?

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