How Can Belize Reap The Best Fruits From Our Agricultural Sector?

According to the Statistical Institute of Belize, the Agricultural sector, which is the backbone for our country’s revenues, had once again reduced its contribution to Belize’s Gross Domestic Product. This time, it was a much more significant decrease of 3.4%, from 2010 to 2011. One is left to plunder, how can we now address such dilemma?

With this sector being one of utmost importance to our country, necessary attention must be given particularly, by the primary stakeholders. Whether we are talking about the producers, processors, health authority, NGO’s, policy makers, or just the everyday consumer, we must ensure a quick rebound of this sector.

As producers, capitalize on your land, embrace capacity building and reap the best fruits from your land.  One way to do this is by engaging in multi-cropping, that is, cultivating two or more crops in the same space, at the same time. Multi-cropping can be done with tomatoes and cabbages, ocro and yams, sweet pepper and cucumber, or even lime and oranges; by the end of the day, these will lead to the intensification of land use; and division of production cost between these products.

Apart from farmers playing their role, it should in the best interest of policy makers, to provide positive incentives to these farmers, in order for them to be able to increase their production.  One such incentive can be in the form of land, increasing producers’ access to land, would certainly expand these producers cultivated area and increase their level of production, which will create employment for Belizeans. Continue reading “How Can Belize Reap The Best Fruits From Our Agricultural Sector?”

Growth Prospects For Latin America and The Caribbean Could Top 5%.

According to Caribbean 360, News Around The Caribbean,The International Monetary Fund (IMF) is reporting a “surprising upside” coming out of its recently released The World Economic and Financial Survey 2012.

According to the Washington-based multilateral institution, growth prospects for Latin America and the Caribbean have moved up by quarter percentage point compared with the forecasts presented in the April 2012 World Economic Outlook.

The growth projections for Latin America and the Caribbean in April 2012 stood at 3.4% for 2012 and 4.2% for 2013; but now, the new projections from the IMF states that growth for the region stands at 3.5% for 2012 and 5.1% for 2013.

The IMF did acknowledge that the upward movement was partly due to temporary factors, among them easing financial conditions and recovering confidence in response to the European Central Bank’s (ECB’s) longer-term refinancing operations (LTROs). Continue reading “Growth Prospects For Latin America and The Caribbean Could Top 5%.”

BCCI and BELTRAIDE Business Mixer

How A Small Country Transformed Itself- The Case of Ireland and The Role FDI played In That Transformation.”

The Belize Chamber of Commerce and Industry in collaboration with Belize Trade and Investment Development Services will be hosting  a Business Mixer, on Wednesday June 13, 2012 at 5:00p.m., in the MC Field Conference Centre, BCCI.

Come and listen to the highlight of the day, Mr. David O’ Donovan, the Director of Investment Promotion Agency Development, at Communiqué International, as he shares his ideas and expertise on Industrial Development.

Speeches will also be given by top ranking officials from within Belize Chamber of Commerce and Industry, and the Ministry of Trade, Investment, Private Sector Development and Consumer Protection.

Let’s be informed with ideas and techniques, vital to propel our country forward.

For more information contact us:

Belize Trade and Investment Development Service (BELTRAIDE)

14 Orchid Garden St., City of Belmopan, Cayo District, Belize

Tel: 501-822-3737

Fax: 501-822-0595


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