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So while the reserves can withstand the hit - the Prime Minister made it clear he is not happy with the CCJ. Here's how he put it:

Rt. Hon. Dean Barrow - Prime Minister
"I think the court completely missed it. It wasn't just a matter of whether the liabilities put forward repressed expenses that were actually incurred. It was a matter of whether, even if these were expenses that were actually incurred, they were incurred so as to qualify them for reimbursement or for extraction in the context of what the settlement agreement provided for and in particular it said the expenses must have been incurred in connection with the compulsory acquisition of Telemedia. The expenses would not be allowable if they were expenses that were already before the tribunal and which the tribunal would have rejected."

"The court absolutely did not conduct any exercise of that nature. It simply said we are prepared to swallow whole what these people have certified and the logical corollary to that is that the court then in a sense abdicated its function which is to determine were these expenses in connection with the compulsory acquisition, with your effort to get your compensation to go to arbitration and that sort of thing."

"When we looked at the figures we saw things that in our view had occurred well before there was the compulsory acquisition."

"The court also did not, as I said, seek to examine whether in fact a lot of what was being claimed had not been raised before the tribunal and not awarded by the tribunal. So, it is with great reluctance that I say what I say, but it strikes me that the judgement leaves a lot to be desired and the exercise that the court conducted or did not conduct certainly is caused, I think legitimately, for great upset on the part of the government and people of Belize. Nevertheless, that is their decision. We can't take it any higher, so we will pay these people as I said and be done with it."