Archive for July, 2009

Belize Government continues consultations on Seventh Amendment Bill

Friday, July 31st, 2009

During the Meeting of the Cabinet on July 28, 2009, it was decided to continue and expand the consultations on the Belize Constitution (Seventh Amendment) Act 2009, making three changes targeting the population of the jurisdiction.

The Seventh Bill is for an Act which amends the Belize Constitution, Chapter 4 of the Laws of Belize. According to the press release issued by the Ministry of Finance, the document includes following changes:

removing the Privy Council as the final appellate court and replacing it with the Caribbean Court of Justice;
removing the dual citizenship disqualification for membership of the House of Representatives or the Senate;
and providing for the appointment of the Attorney General irrespective of membership of the National Assembly.

The Act comes into force on a day to be appointed by the Prime Minister. This date will be naed named in further press releases of the Government, as well as the dates, times and venues for the additional consultations concerning the Act.

Belize signs financial agreement with EU

Friday, July 24th, 2009

The Prime Minister of Belize Dean Barrow and the Ambassador of the Head of the European Union Commission in Jamaica Marco Mazzocchi-Alemmani signed the document by which Belize will receive financial grant for the Accompanying Measures for Sugar Agreement and the Special Framework of Assistance for the Banana Support Programme.

The main objective of the Accompanying Measures for Sugar Agreement is to reduce poverty and improve standards of living of the rural population in Northern Belize. The Measures provide for the contribution of BZ$25.2 Million which will be used for road design, construction and supervision, cane replanting programme and the institutional support of extension services.

BZ$8,565,200 Million granted for the Special Framework of Assistance will provide banana producers with additional economic infrastructure and help to improve the quality of education and skills development.

Also, an announcement was made concerning the decision to reopen office of the European Union Commission in Belize.

Chairman of Belize CFZ speaks on current issues

Thursday, July 16th, 2009

Despite the regular media reports about economic problems in the Corozal Free Zone, Zone’s Executive Chairman Mr. David Akierman talks about its growth and improvements that have been made since the new administration took over at the end of March 2008.

In an interview, Akierman pointed out that business for this year has become slow compared to the same period of the last year, and the world economic crisis is the main reason. The economic causes and their effect in Mexico, especially further devaluation of the Mexican peso, of course have an impact on Belize. For the Corozal Free Zone it is especially important since 95% of its customers come from Mexico.

In the period of slowing down, it was decided not to approve the entry of new companies this year in the CFZ, to give the existing companies more opportunities to stabilize in the conditions of recession.

Prime Minister ends up the Chairmanship of CARICOM

Friday, July 10th, 2009

Prime Minister of Belize, the Hon. Dean O. Barrow, returned from Guyana, where the 30th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) took place. The delegation included also Chief Executive Officer in the Office of the Prime Minister, Ms. Audrey Wallace, and Financial Advisor in the Office of the Prime Minister, Mr. Alan Slusher.

During the meeting, which was held on July 2-5, 2009, Prime Minister Barrow handed over the chairmanship of the Conference to the President of Guyana, H.E. Bharrat Jagdeo. Barrow’s chairmanship of the CARICOM Conference started on January 1, 2009 and ended June 30, 2009.

At the opening ceremony of the conference, Prime Minister of Belize named some of the accomplishments of CARICOM during the months of his chairmanship. Among them, there are the hosting in Trinidad and Tobago of the Summit of the Americas and the inter-sessional Meeting in Belize which produced a recommitment to CARICOM’s single market and economy. Prime Minister Barrow also spoke on the effect of the global financial crisis and the coordinated efforts by CARICOM nations to overcome it.