Belize Prime Minister Dean Barrow highlighted significant advances Belize is making in its development process and announced new initiatives to boost the economy, including major infrastructure projects and the sale of shares in the nationalized telephone company Belize Telemedia Limited to citizens of Belize.

The Prime Minister stated in his address at Independence Plaza in Belmopan on 21 September, Belize’s Independence Day, that despite the global recession, his government has been taking innovative steps to advance the economy by providing increased investment spending and concessions, incentives and credit to local businesses engaged in the productive sector.

He stated, “So it is true that our independence and sovereignty do not exist in a vacuum, isolated from international circumstances and it is equally true that those circumstances can be constrained. But whatever limiting factors there are must never be seen as any overarching deterrent. They must never set off our appreciation of the value of nationhood, of the preciousness of political autonomy, of the ultimate worth of freedom. Freedom to seek our own way and make our own fight against whatever odds, size and location and geography might throw up against us.” [Read more...]