7 News Belize

Hon. Heredia Has High Hope For Superbond 3.0 Restructuring
posted (November 11, 2016)
We also got a chance to catch up with Tourism Minister Manuel Heredia Jr., and we asked him about what he knew of these renegotiation efforts. He couldn't say much, but he told us that he strongly believes that the Prime Minister will be successful:

Daniel Ortiz, 7News
"Did the cabinet have any kind of input on the Prime Minister's decision to go to New York to renegotiate the super bond to reshape it into 3.0?"

Hon. Manuel Heredia Jr., Minister of Tourism
"Well all I can tell you is that the Prime Minister is abroad trying to negotiate for the best intention of Belize. The details of that will be revealed probably Tuesday, but I am sure that every time our Prime Minister tries to accomplish something he succeeds. This time I believe that whatever the details will be Tuesday, it will be good news for Belize and for everyone."

Daniel Ortiz, 7News
"Sir is this super bond restructuring possibly an indication of economic hard times? Can you say if the cabinet is considering an increase in taxes for the next fiscal year?"

Hon. Manuel Heredia Jr., Minister of Tourism
"Well we have not spoken about the new fiscal year, I know that everywhere in their world today there is hardship, but as good leaders and in particular I believe my Prime Minister is one of the best leader and Prime Minister that Belize has ever had and I'm sure that the more he can get for Belize and the less strains that people can have, I believe that that is what he wants to accomplish. I particularly believe the same as the Prime Minister that we are there to work in the general interest of our country. We believe that we are there for the less fortunate. It is a pro-poor government and we will continue in that path to make sure that the livelihood of our people can be uplifted."

We'll keep following the story.

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