Click here to print
Prime Minister Details Rationale For $50 Million in Budget Cuts
Thu, November 12, 2026
The House of Representatives had a special sitting in Belmopan today, starting with a major announcement.

As promised, the Prime Minister explained the justification for the 25% budget cuts across government departments and how those would be redistributed as cost-of-living relief measures.

The PM says GOB plans to save 50 million dollars, which includes a 50% cut in ministerial allowances.

Here's how he put it:

John Briceno, Prime Minister
"To make proof of further relief, government will reduce its own spending by approximately 50 million dollars. We will cut 35 million dollars from goods and services, 15 million dollars from the Capital 2 program. The goods and services cut represents approximately 35% of the ministry's non-wage, non-pension spending. Many of these spendings are already locked in and we can't touch them. What we buy on a daily basis, a weekly basisâ€"there is where we believe we can be able to save 25%, which will total to 35 million. And yes, we on this sideâ€"and I wish that the others on the other side would join usâ€"we on this side have decided to cut our own ministerial allowances by 50%. And I'm hoping the others on the other side would also offer to get a cut of 50%; I'm challenging you to offer that 50%â€"since we are doing it, you all should be doing the same thing. You notice they kept quiet, right? They didn't hear that one. The size of the reduction in goods and services will require ministries to make choices about what they buy and what they can defer; it's the ministries that will make those decisions. The Capital 2 program will also have to be adjusted. It is important for the House to know where those reductions will be made. The amounts I have given are the reductions on those two areas of spending. We will also keep lower fuel taxes in place with the projected subsidies of 60 million dollars for the current fiscal year. This is 60 million dollars lost in revenues that have a direct impact on government spending."

Close this window