7 News Belize

CWU Calls On Unions To Reject Petrocaribe Loans Act
posted (March 31, 2015)
Last week the Petrocaribe Loans Act made all the headlines when it went to the House of Representatives for passage and approval. The UDP says it is necessary to deal with Petrocaribe inflows, while the opposition says it undermines and ignores parliament - and in so doing seeks to give the Prime Minister Superpowers.

Well, the Bill was passed by the House and the Senate - but now the Christian Workers Union is weighing in with strong words for the Barrow administration.

A release sent out an hour ago says the bill lacks in transparency and accountability and seeks to legalize the illegal. The CWU also calls on other unions to, quote, "denounce this act and to unite to demand the repeal of this law."

And while government has argued that the Petrocaribe legislative carve out is the only way to deal with Petrocaribe borrowing which varies monthly depending on fuel prices - the CWU says that, quote "it is not proper that our government enters any agreement or contract that violates our laws or constitution."

Home | Archives | Downloads/Podcasts | Advertise | Contact Us

7 News Belize