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Mar 9, 2021
Eamon Courtenay
According to Senator Eamon Courtenay, who represents both the People’s United Party and Government Business, any programs created would be for limited duration, with permission of the Minister of finance. According to Courtenay, clause sixty-six is not designed to assist any particular business or entity. Like Prime Minister Briceño, Senator Courtenay stressed the purpose of the bill is to provide liquidity to the system, not to aid a failing financial company.
Eamon Courtenay, Senator for Government Business
“What you have is money sitting in banks doing nothing; sitting in banks. Senator Smith said 420 in domestic banks, 247 million in credit unions. Madam President, tens of thousands of Belizeans are unemployed, thousands of businesses have failed, thousand more are on the edge and we say that we are currently facing an urgent unique, unusual and exigent financial circumstances and we have to have instruments designed by the Ce