RUMORS REACH THE WEST, OF A BUSINESS CONFERENCE IN THE EASTERN PORT OF BELIZE CITY BY PRIME MINISTER OF BELIZE.

RUMOR MILL HAS IT PRIME MINISTER, DEAN BARROW HELD A BUSINESS CONFERENCE IN THE PORT OF BELIZE CITY, DOWN ON THE EAST, CENTRAL COAST OF THE COUNTRY.

Unconfirmed highlights of this port town conference for the business pèople of the port town, were that the Government is spending $50,000 a week, in make work programs, for the street gang types in the city, to deter them away from crime.
Mentioned also; was the drive to improve GST tax collections from businesses. We have noted in the news recently that there are more examples being made of business people who have not paid their GST tax collected, or spent it on their own activities. They are being prosecuted in court.

Also we heard that the DFC ( Development Finance Corporation ) of Belmopan, the capital of Belize in the center of the country, is to be changed to a NATIONAL,COMMERCIAL, LENDING BANK.

There is also a move afoot to legislate a CAP on allowable interest rates that can be charged in Belize.