AGP Executive Report
Last update: 5 hours agoElectricity & Cost of Living: Belize suffered a countrywide blackout Tuesday night after a temporary loss of power from Mexico’s CFE, with BEL saying in-country generation was about 103MW against demand of 122MW; load shedding restored service by 10:54pm, but BEL warns more instability and possible load shedding as local supply stays constrained. Food Prices: SIB data shows July food inflation rose 1.8%, with beef and poultry up 4.6% and sugar up 16.4%, while non-alcoholic beverages also climbed. Meat Prices: Beef and chicken prices increased year-over-year, including ground beef up 11.8% and several chicken cuts rising 5%–8%. Housing & Utilities: July costs rose 3.9% for housing, water, electricity, gas and other fuels, with a typical 225 kWh power bill moving from $84.25 to $91.50. Agriculture Support: CARICOM Development Fund grants total US$2.14M, including US$1.11M for an integrated honey and livestock project plus market infrastructure funding. Telecom: BTL formally withdrew its proposed Speednet acquisition from the PUC, and says it no longer plans to proceed.
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