Belize severely affected by COVID-19 pandemic says IMF
Belize severely affected by COVID-19 pandemic says IMF
2 months ago
jamaica-gleaner.com
And you heard the Prime Minister allude to not wanting to show a bad face to the “IFI’s”. Those are the international financial institutions like the IMF, the CDB, and the IDB. But, has government already gone crossway with the IFI community? We asked because while many other countries are tapping into low interest, COVID relief funds from the IMF, Belize has not received any. We asked the PM why: | 7 News Belize
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And you heard the Prime Minister allude to not wanting to show a ba…
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Earlier we told you about the superbond holders harsh words to the government, and how the IMF hangs like spectre over the negotiations with the unions. Well this morning, the media asked the PSU president his thoughts on an IMF standby agreement. He rejected the IMF solution, and, like the government, advocated for homegrown solutions - but stated that the government simply does not have the political will to effect the kind that’s truly needed. | 7 News Belize
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Earlier we told you about the superbond holders harsh words t…
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In a recent press conference with Prime Minister Dean Barrow the country’s economic future was discussed in which Barrow alluded to the inevitable arrival of the International Monetary Fund (IMF). History will show that once the IMF intervenes, their economic programmes call for extreme measures in addressing economic challenges. According to Saldivar the focus should not be on IMF but rather on how the country’s unemployment rate could be reduced. | Love FM Belize - News and Music Power
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In a recent press conference with Prime Minister Dean Barrow the c…
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Will the IMF Back Off? And the PM is confident that the IMF will acknowledge how the situation with the unions was dealt with, as well as negotiating for a haircut from holders of the Superbond. He told the media today that the IMF had told GOB that their homegrown plan may be enough to get Belize out of the dire financial straits it finds itself in. He’s confident the IMF will recognize how focused and determined they are to fix the economy. | 7 News Belize
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Will the IMF Back Off? And the PM is confident that the IMF will acknow…
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An exclusive with the IMF Deputy Chief who says Belize’s home-grown plan may just work if there is a follow-through In an exclusive interview today with the International Monetary Fund (IMF) we can report that the organization has given its approval for Belize’s proposed home-grown economic recovery plan that the Briceno administration has drafted. Speaking with our News Director, the IMF’s Western Hemisphere Department Deputy Chief, Dr Jaime Guajardo, explained that the plan Belize has put toge
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An exclusive with the IMF Deputy Chief who says Belize’s home-gro…
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G.O.B. Not Going With IMF suggestions, yet. But will any of the IMF prescriptions be included in the budget? Once again this year they have urged the government to remove basic food items out of the zero-rated basket, to raise motor vehicle license drivers' license fees, and to increase the case on fuel, among other unsavoury recommendations. PM said that in view of the current hard time and inflation those suggestions are completely off the table - for this year at least: | 7 News Belize
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