AGP Executive Report
Last update: 10 hours agoDiesel Relief Debate: Prime Minister John Briceño says Belize is “walking a fine line” as diesel hits a record $15.60 a gallon, noting Government has already given up over $40 million in fuel tax revenue to cushion prices and is now consulting the Financial Secretary on any further relief. Energy Security Push: With BEL capacity gaps and CFE cut-offs, Government is pursuing new generation options, including temporary mobile diesel capacity and plans to add up to 120 MW of solar, while also moving to reduce reliance on expensive imports. State of the Nation: Briceño told Belmopan the economy is growing (5.1%) and credit remains stable, while acknowledging households feel cost-of-living pressure; key measures include a planned minimum wage rise from $5 to $6 and expanded public support. BTL AGM Showdown: Unions are urging small BTL shareholders to attend the AGM in person, alleging a conflict in proxy handling ahead of director elections. Sarstoon Tensions: Briceño praised restraint after the Sarstoon standoff and reiterated Belize’s sovereignty, warning future expeditions must avoid escalation. Crime Updates: Police are investigating separate murders in Orange Walk and Belize City, including the killing of Jose Luis “Bones” Sosa.
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