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Belize Times - December 19, 2022 PlanBelize Economy

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The Belize Times

18 DEC

THE BELIZE TIMES

2022

Established 1957

18 DECEMBER 2022 | ISSUE NO: 5331

The Truth Shall Make You Free

facebook/belizetimespress | $1.00

PlanBelize SAVES US

1BILLION DOLLARS

IN 2YRS, DEBT-TO-GDP RATIO: 133%

63%; ECONOMIC MAJESTY

““I am therefore especially pleased to announce today yet another decisive step in our campaign to reverse the final call and debt crisis left us by the U.D.P… new restructuring terms which will reduce the amount Belize owes under Petro Caribe by anywhere between $267M BZD dollars to $327M BZD dollars - PM John Briceño at House of Representatives The Blue Bond that did away with UDPs SuperBondage and roughly half a billion in debt was historic due to its innovation at a global scale. Prime Minister John Briceño, the financial team and planBelize as a whole have been lauded by Bond Awards, Presidents, Prime Ministers, and Organization like the Millennium Challenge Corporation. Lauded is a super understatement to the true effect of the Blue Bond saving Belizeans money, and earning conservation money for our portion of the Caribbean Sea. The colossal-sized historic achievement of exchanging debt for nature is nothing short of economic majesty. Add to this the Prime Minister and team head to Venezuela and get the cure for another of the UDP cancers—the pibil insult of PetroCaribe dollars that rendered PM Barrow guilty of unconstitutional spending. President Maduro and Venezuela upon bilateral negotiation has

freed us of another half a billion dollars. Two UDP cancers wiped (SuperBond default and PetroCaribe buyout of 2015 elections) out in two glorious years of planBelize. Slicing down our debt-to-GDP ratio by half is economic sensationalism without a doubt. Prime Minister Briceño, “I am therefore especially pleased to announce today yet another decisive step in our campaign to reverse the final call and debt crisis left us by the U.D.P. government. Belize and Venezuela, President Maduro and I, on behalf of Belize and Venezuela have agreed to new restructuring terms which will reduce the amount Belize owes under Petro Caribe by anywhere between Belize $267 million BZD dollars and $327 million BZD dollars.” “We still have to balance the books between Belize and Vene-

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RRB Program Continues to Support Small Farmers in Belize: $658 Thousand MoECST Signs for Sports Scholarships: Basketball & Football

DELIVERING ON PLANBELIZE

Belize Chairs Central American AssociationSICA Pg. 2 DELIVERING ON PLANBELIZE

MORE U.S. ASSISTANCE Anti-Crime Efforts

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LIBRARY INAUGURATED FOR SAN ANTONIO, CAYO

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BARROW CAUGHT Lying to Belizeans

Covid is Still Here

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Belize Times - December 19, 2022 PlanBelize Economy by Belize Times Press - Issuu