7 News Belize

PM says Belize Bank Behaviour Will Not Dissuade Investors
posted (November 29, 2017)
Our first segment was all about the 90.6 million dollars that the government of Belize owes the Belize Bank.

You heard Senator Godwin Hulse say that - according to the Privy Council - there was no loan. But that's the kind of shading of meaning about a court's judgement that may put off investors. So will this episode dampen the investment climate? The Prime Minister says anyone who knows the facts will not be dissuaded:

Rt. Hon. Dean Barrow, Prime Minister
"Any such persons who is a potential investor, if that person will say well I have reservations about coming to a country and investing unless I can be sure that even if I make a corrupt deal - you see what's happening in Brazil, all over the world - if I make a corrupt deal and somehow I get a court to justify it, I will be discourage because I know I run the risk that the government or a succeeding administration will not honor a corrupt deal. Anybody who things like that, they are welcome not to come and invest in Belize."

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