Economics and finances of Belize are hidden from voting public?

*** Minister of Finance is not doing his job, it is said. He is hiding the condition of government finances from the voting public?



BELIZE FINANCE MINISTER HAS SUCCEEDED IN HIDING ECONOMIC CONDITION OF BELIZE FOR THREE YEARS?

PORT TOWN RUN MEDIA IN THE SMALL COUNTRY OF BELIZE ARE FAILING AT THEIR JOB OF REPORTING ON GOVERNMENT POLICIES AND ACTIONS, PARTICULARLY IN ECONOMICS FROM THE FINANCE MINISTRY. IN A SMALL COUNTRY LIKE BELIZE, RUN BY A ONE PARTY GOVERNMENT, THE MEDIA IS THE ONLY OPPOSITION, OR FIREWALL TO PROTECT BELIZEAN VOTERS AGAINST CABINET ONE PARTY MISMANAGEMENT.

THE EU ONGOING CRISIS
At the 11th hour, the EU has agreed on a solution to the looming financial crisis effecting the financial situation in Europe. The banks that hold GREECE debt, will be forced to take a 50% cut, or HIT on their bonds and will be exchanging them for a lower denomination. In the meantime the EU itself, will increase the FUND, that shores up bank liquidity. Spain and Italy are not calculated in the latest solution. Greece is expected by getting a 50% cut on their outstanding Government Bonds ( it is a default ) to reduce their debt to GDP ratio in the next nine years, to 120% of GDP with austerity measures. Currently GREECE debt is over 180% to GDP. An impossible thing to pay.


EU banks will be writing off losses on the GREECE bond debt.


I´ve not been able to find online, anything about the BELIZE debt to GDP ratio. Indeed most of what I find goes back several years. It looks like the Finance Ministry is not doing it´s job, or is hiding knowledge about the economy and government CABINET MANAGEMENT, from the Belizean public? The media in the port town though, has not found such financial situatiion economics interesting reporting, or even deigned to do the investigative research. Which is the media´s job in our political style organized society. Three year old financial reporting by government departments is an insult to EVERY BELIZEAN VOTER.

I do not know how you can get the Belize media to act as watch dogs of our economic progress, or lack thereof in Belize. But they are the bottom line, the firewall to protect our society from political one party mis-management. The media in Belize seem to be blase about it all and unwilling to rock the boat and let the economists suggest ideas for policies and changes that are necessary in our society. The financial economic reporting on government finances is DEADER than a tinned mackeral in Belize. It seems the port town media are ostriches and living with their heads buried in the sand, living on HOPE! Anybody who lives on HOPE is doomed to a big disastrous surprise sometime down the line.