March 8, 2024 Belize’s climate data collection capabilities and capacity to withstand natural hazards are to be improved through a grant for approximately USD1.26 million from the Caribbean Development Bank…
Category: BELIZE
Belize: Staff Concluding Statement of the 2024 Article IV Mission
March 1, 2024 An International Monetary Fund team led by Jaime Guajardo conducted discussions for the 2024 Article IV consultation with Belize during February 12-22. The team met with Mr.…
Bahamas, Belize and TCI removed from EU blacklist
By: Staff Writer February 23, 2024 The European Union removed The Bahamas, Belize, Seychelles and Turks and Caicos Islands from the list of non-cooperative jurisdictions for tax purposes. The countries…
CDB Extends USD12.5 million Line of Credit to Government of Belize to Boost MSMEs
July 25, 2023 “ The Caribbean Development Bank (CDB) is pleased to support Belize’s Micro Small and Medium-sized Enterprises (MSMEs) with this USD12.5 million investment. The line of credit being provided…
UK-CDB-Belize Partnership Transforms Coastal Highway
July 11, 2023 More than 49,000 residents, including 3,000 daily road users now have access to the improved Coastal Highway which has been transformed from an unpaved, gravel road to…
Belize: Technical Assistance Report-Transition to Accrual Accounting
June 9, 2023 Belize is planning to transition to accrual accounting over the medium term. This reform is considered an advanced practice on the public financial management (PFM) spectrum and…
CEO lauds more programmes to support MSMEs; urges continued support for business survival
June 2, 2023 The CEO of a regional recruitment service is lauding the launch of an International Labour Organization (ILO) programme to encourage more entrepreneurship among locals, but is re-emphasizing…
CEO calls for more support of MSMEs to spur job growth
May 30, 2023 Governments and institutions can help to create more jobs by empowering micro, small and medium-sized enterprises (MSMEs) to thrive and expand, and that’s something Joseph Boll, Caribbean…
IDB Invest partners with Belize Bank Limited to boost trade between small and medium-sized businesses
May 19, 2023 IDB Invest welcomed Belize Bank Limited (BBL) into its Trade Finance Facilitation Program (TFFP), opening a US$10 million line of credit with a term of 180 days.…
Belize: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belize
May 12, 2023 Outlook and Risks. Economic activity is projected to moderate after a strong recovery from the pandemic. After growing by 15 percent in 2021 and 12 percent in…
IMF Executive Board Concludes 2023 Article IV Consultation with Belize
May 12, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Belize. Economic activity has rebounded strongly from the pandemic. After contracting by 13.4 percent…
Belize Staff Concluding Statement of the 2023 Article IV Mission
February 21, 2023 An International Monetary Fund team led by Jaime Guajardo conducted discussions for the 2023 Article IV consultation with Belize during February 2-14. The team met with Mr.…