Feb 11, 2021
Budget Consultations Continue, G.O.B. Meets with B.N.T.U.
The government continued budget consultations today, preparing for the presentation of the budget in March. Today, a team of high-level ministers met with the Belize National Teachers Union. Deputy Prime Minister Cordel Hyde and Ministers Francis Fonseca and Henry Charles Usher sat down with B.N.T.U. National President Senator Elena Smith and members of the executive. The government made presentations regarding the state of the nation’s economy. It has been a continuous declaration of the new administration that the country is in a financial chokehold. This evening the government released an Analysis of the State of the Nation’s Economy. The report states that Belize’s unemployment rate is more than triple the average unemployment rate throughout the Caribbean and more than quadruple that of Central America; that government revenues fell by almost thirty percent or over three hundred millio