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Is Belize Passed the Worst in Terms of Foreign Reserves?

Posted By: Marty

Is Belize Passed the Worst in Terms of Foreign Reserves? - 06/11/21 10:41 AM

Belize’s foreign reserves have withstood some of the worst days it has seen. Now, the Financial Secretary says the nation’s reserves are bouncing back. He noted that the process to complete recovery will be slow, yet the economy is already experiencing growth.

Joseph Waight, Financial Secretary


“Well, the official reserves are adequate. I think we have three and a half months of imports cover. We are hoping, we expect it to remain that way. We are beginning to see some resilience in the economy. It is going to be slow. But I think we are over the worst of it.”

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