Friday, March 9, 2012

HIGH POLICY POINTS OF NEW RE-ELECTED PRIME MINISTER OF BELIZE.

The cheerful winner of the Belize Elections, Prime Minister of Belize, Dean Barrow.



BELIZE HAD, OR STILL DOES HAVE, TWO SMALL REFINERIES PRODUCING DIESEL BY THE PRIVATE SECTOR. ONE REFINERY PRACTICIONER WAS ARRESTED. HE WAS A SMALL GUY PRODUCING ABOUT $50 WORTH OF DIESEL A DAY. THE GOVERNMENT IS NOW SAYING THE UDP BELIZE GOVERNMENT WILL BUILD A BIGGER REFINERY. WILL THAT BE A MONOPOLY IS NOT KNOWN?

IN OTHER COUNTRIES, LIKE FRANCE, THE PRIME MINISTERS WHO EMBEZZLE GOVERNMENT FUNDS AND USE GOVERNMENT VEHICLES AND PAID WORKERS TO CAMPAIGN FOR RE-ELECTION, END UP IN COURT. IN BELIZE THEY GET AWAY WITH IT, AS THE CORRUPTION IS WIDESPREAD. SO THE ORGANIZATION OF AMERICAN STATES CLAIM AFTER SUPERVISING THE NATIONAL ELECTIONS.

PRIME MINISTER BARROW HAS MADE UP HIS MIND, THAT HE WILL HIRE EXPERTS TO RE-NEGOTIATE THE SUPERBOND BOND CONTRACTUAL ARRANGEMENTS. TWO GOALS ARE IN HIS MIND. THE INTEREST RATE MUST BE CUT AND THE DEBT EXTENDED PAST 2029. BELIZE IS ONE OF THE MOST INDEBTED COUNTRIES IN THE WORLD. ( 13th most indebted )

UNDER THE ELECTION SYSTEM USED ( BRITISH ), PM BARROW NARROWLY WON RE-ELECTION, LOSING EIGHT OF THE 31 HOUSE SEATS HE ONCE CONTROLLED. THE PRIME MINISTER IS NOT ELECTED BY THE VOTERS. IT IS A GANG LEADER SYSTEM. THE LEADER OF THE GANG GETS AUTOMATICALLY APPOINTED, BY THE QUEEN´S REPRESENTATIVE, THE GOVERNOR GENERAL, AS PRIME MINISTER, IF THEY HAVE MAJORITY CONTROL OF THE PARLIAMENT. EVEN THOUGH BELIZE IS SUPPOSEDLY AN INDEPENDENT COUNTRY.

Reelected Belize Prime Minister Will Turn To Chavez For Fuel
March 8, 2012

Belize Prime Minister Dean Barrow

Belize City, Belize 8 March 2012 – Newly reelected Belize Prime Minister Dean Barrow has said he will turn to Hugo Chavez for assistance in providing low cost fuel as part of his plan to reduce the cost of living in Belize. Mr. Barrow was speaking at a press conference in Belize City after narrowly escaping defeat in general elections held yesterday. His United Democratic Party won 17 seats versus 14 seats for the opposition Peoples United Party in the country’s 31 seat parliament. It had previously enjoyed a super majority of 25 seats in parliament.

Mr. Barrow said that his government will continue its pro-poor agenda and that by importing fuel direct from Venezuela will, he will cut down on high priced imports from traditional fuel suppliers. He said that while the plan was not divulged in his party’s election manifesto, he would immediately open a dialogue with Venezuela to obtain fuel under the Petro Caribe plan promoted by Mr. Chavez. Currently Exxon, Shell and Texaco provide fuel imports to Belize. Mr. Barrow further promised to establish a government oil refinery within 18 months to process the country’s crude oil which is currently exported, in an effort to further reduce reliance on fuel imports. Mr. Barrow added that his government will look at producing its own bio-fuel and other fuel alternatives.

Mr. Barrow returns to power return in a hotly contested election that has yet to be conceded by the opposition Peoples United Party. The PUP, claiming election irregularities, is going to court to contest the results of three constituency seats. An observer mission from the Organization of American States today held a press conference in Belize City where it made note of several issues in yesterday’s general elections. These include the use of state resources in the election campaign, the deployment of government vehicles and drvers to support government candidates on Election Day, and the exchange of cash for votes. Asked about the OAS observations at today’s press conference Mr. Barrow was dismissive and stated that the elections were free and fair but not perfect.

Prime Minister Barrow was asked about his stated intention to default Belize’s sovereign debt obligations but declined to give details, stating that “I do not wish to show my hand”. He said that he will retain foreign experts to advise him on a strategy to get bond holders to reduce interest and extend the maturity of the Belize SuperBond. His past statements that Belize will default on its debt obligations have resulted in the country’s credit ratings being reduced to junk bond status by international rating agencies such as Standard and Poor’s and Moody’s Investors Service.

Mr. Barrow said he will retire to a seaside resort this holiday weekend to consider his cabinet appointments. He stated he intends to appoint a 15 member cabinet.

Read more: http://belizean.com/reelected-belize-prime-minister-will-turn-to-chavez-for-fuel-1100/#ixzz1obKvB3aK

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