Belize Times 100711

Page 1

Sunday, July 11, 2010

THE BELIZE TIMES

1

Retrenchment, Pension Cuts and New Taxes…

SUNDAY JULY 11, 2010

Issue No. 4701

$1.00 www.belizetimes.bz

July 5, 2010 --- Just after the Belize Times went to press last week, the IMF issued a press release about their June visit to Belize when they meet with the government to prepare their annual report on the state of the country’s finances and economy. The release is a scorching indictment of UDP economic policy. Based on just two months of tax collection data, the IMF is already concluding that the UDP government will not meet their budget targets. They lament that the economic recovery is “narrowly based.” They sound the alarm on the growing number of non performing loans in the banking system. And they warn that the fragile state of government finances would be unable to provide any buffer if Belize were to experience a flood, a hurricane or any unforeseen event. Most distressing is that the IMF, in their nuanced language suggests that the days of sacrifice have only just begun. They see the wage bill as a problem; in other words, GOB needs to retrench public officers. They see the pension program, both the public

www.pup.org.bz

pension and the SSB, as a problem; this means that pension payments should be reduced. And they believe that another tax increase will be necessary to expand what they call “the primary surplus.” When Barrow and the UDP rammed through their $110 million tax hike on the people of Belize in March of this year, the impression the UDP gave was that these new revenues would solve all our problems. The PUP warned that the taxes would not materialize, invoking what economists call “diminishing returns.” Raise taxes too high and you force people into evasion and stifle economic growth. This is exactly what the IMF discovered during their mission. Given the gravity of the situation, Barrow and the UDP may have to come back for more taxes even before the next budget. Belizeans and businesses can expect this recession to turn in to a depression, for crime to continue unabated and for poverty to surge. Imagine the possibilities from this lethal mix of hopelessness, higher taxes, fewer jobs and crumbling businesses.

CRIME WAVE CONTINUES UNABATED! Policemen too FAT…says Minister of Police

As the crime wave in Belize City continues unabated and the streets run red with blood after almost daily murders and shooting, Belizeans wait anxiously for the rollout of Prime Minister Barrow’s much lauded Operation Restore Belize which was presented with much fanfare and trademark Barrow glitz and glamour. The short lived Operation Jaguar was declared extinct a month ago and the city has once again become a warzone with residents rendered prisoners in their own homes. The Prime Minister has gone mute, but his Minister of Police certainly

has not. In an interview with local media house Channel 7, Doug Singh revealed his solution to fighting crime in Belize. According to Singh, who said absolutely nothing about Operation Restore Belize, his plan to reduce the violence in the city is simple. What the Police Department needs, the Minister said, is a gym where officers can get whipped into shape, particularly senior officers. The nation has acknowledged that crime is a monumental problem which will require a visionary and multipronged approach if there are to be any inroads made – but Doug Singh says that the problem is that Policemen are just too fat and sloppy. In the interview, he stated – “I look at senior police officers with their guts hanging out and I say that literally, out of shape, overweight, they inspire nobody…we need to get a proper police gym and hold them accountable for their performance, in particular the senior people who look like they have no discipline on how they consume food or personal attire.” While Belizeans may not have known what to expect from the new

Minister of Police with regard to his plan to provide citizens with more security and attack crime on the streets, the attack on Police Officers’ weight and attire was certainly not expected. While residents of the city await a comprehensive approach to deal with escalating crime and violence, the new Police Minister talks about fat Police Officers and officers who dress sloppy and the need for a new Police gym. What then of Operation Restore Belize which was to be spearheaded by this new

and dynamic minister (or so said his boss Mr. Barrow)? The interview with Mr. Singh proves what the Opposition and a majority of Belizeans have been claiming all along – the Prime Minister is not serious about fighting crime. Operation Restore Belize was only a publicity stunt which will yield nothing in the long run. Well maybe it will yield a new Police gym, but certainly no relief to residents who have been overwhelmed by crime.

"The objective of a political party is to win elections. Really it's not to govern well, it's to win elections."

Hon. Doug Singh, Channel 7 interview, June 7, 2010


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Belize Times 100711 by Belize Times Press - Issuu