INFLATION IN BELIZE IS ZERO says El Caudillo of Belize, for 2010, elected dictator speaking for his political party of pirates.
"Now the legitimate query in the face of impressive growth numbers is always how does higher output benefit the regular citizen and improve the quality of life. It is in that context that we were pleased to have both the Fund and the Central Bank of Belize confirm that inflation was nil in 2010. In other words, there was no cost of living increase over the last calendar year. And this was as a direct result of Government's cancellation of both import duty and GST on a wide range of food items."
Friday, September 23, 2011
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