Today, we asked the leader of the opposition about it - and he said caution is the key:..
Hon. John Briceno, Leader of the Opposition
"I just like to make 3 points. 1) That we always support foreign direct investment. The Santander group has made a massive investment in Belize and we need to recognize that and support that. By extension that investment that they have done has already created a lot of jobs and can bring in more foreign currency into our country. I want to make that very clear. Secondly. when it comes to the loan from Social Security for twelve million dollars to Santander Group, the first thing that comes to mind is how secure is that loan. We have to make sure that we can protect the workers' money because that twelve million dollars belongs to all of us who pay Social Security. We need to ensure that it is properly protected…that there are assets that are going to guarantee that loan, that God forbid something goes wrong that the twelve million dollars is properly secured and that workers do not lose a cent of their hard-earned money."
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