Economy


  • A Quick Look at the Government’s Budget for 2024/25

    A Quick Look at the Government’s Budget for 2024/25

    Budgeting and proper internal controls are important for any organization; for the government, this is even more so. Proper internal


  • Caribbean Says No to OWL at CROSQ- What Happens Now?

    Caribbean Says No to OWL at CROSQ- What Happens Now?

    At the December 2023 voting, the Draft Standard failed to garner the 75% of votes in favor for the standard to be adopted, making it the second time the Standard failed to meet the requirement for adoption. 


  • What Do Port Strikes Cost You?

    What Do Port Strikes Cost You?

    Disruptions at the Port of Belize might appear normal, given their frequency over the last 5 years. In early March,


  • Right to Privacy for Businesses upheld by the High Court

    Right to Privacy for Businesses upheld by the High Court

    The High Court of Belize in February handed down a judgment in the case Belize Sugar Industries Ltd v The Attorney General of Belize & others which dealt with an application by BSI challenging the constitutionality of the Sugar Industry (Import/Export) Regulations, 2023. In the judgment handed down by Justice Goonetilleke, it was determined that…


  • Do Wages Drive FDI?

    Do Wages Drive FDI?

    What is FDI? Foreign Direct Investment (FDI) occurs when an investor in one economy establishes a lasting interest in another


  • Is Microfinance Effective? Implications for MSME Growth and Financial Inclusion

    Is Microfinance Effective? Implications for MSME Growth and Financial Inclusion

    It’s a common talking point that access to finance is a barrier to growth for MSMEs. This is true anecdotally


  • Green Choices, Red Tape: Dissecting Brown Sludge and Infrastructure 

    Green Choices, Red Tape: Dissecting Brown Sludge and Infrastructure 

    While last week’s article discussed the role that brown sludge has in disincentivizing green behavior, this article expands on the


  • Sludge and Effective Eco-labeling: How the Private Sector Can Promote Green Behavior

    Sludge and Effective Eco-labeling: How the Private Sector Can Promote Green Behavior

    We all understand the significance of reducing our carbon footprint and opting for eco-friendly choices, but why is it so


  • Navigating Turbulence: Resolving the BSI/BSCFA Dispute

    Navigating Turbulence: Resolving the BSI/BSCFA Dispute

    Editor’s Note: This article was written on January 5, 2024, and the situation is ongoing. Updates may be provided periodically


  • Bitter Truth: Price Controls and Sugar shortages in Belize 

    Bitter Truth: Price Controls and Sugar shortages in Belize 

    The scenes of empty shelves where bags of sugar should be is reminiscent of a country after a natural disaster


  • Belize Exports First Shipment of Sugar to Taiwan

    Belize Exports First Shipment of Sugar to Taiwan

    Recently, and for the first time in Belizean history, sugar has been officially exported to Taiwan. 20 metric tons packaged


  • Business Re-registration Deadline

    Business Re-registration Deadline

    The Financial Services Commission issued a public notice on November 9th 2023 to remind all businesses of the obligation to


  • Review of Targeted Direct Cash Transfers

    Review of Targeted Direct Cash Transfers

    Executive Summary  Cash transfer programs emerged as a powerful tool during the COVID-19 pandemic, benefiting 1.36 billion people globally and


  • A Review of Targeted Approaches to Tackle Inflation

    A Review of Targeted Approaches to Tackle Inflation

    Introduction In the midst of soaring food prices, the Belize Chamber of Commerce and Industry (BCCI) finds itself at a


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