Tuesday, April 10, 2012

ECONOMY NEEDS SAID MUSA BACK IN OUR GOVERNMENT?

WE AS A BELIZEAN PEOPLE NEED SAID MUSA BACK IN GOVERNMENT, AT LEAST IN CHARGE OF STATISTICAL INFORMATION ON THE ECONOMY. The UDP has only 5 years to get our economy to a self sufficiency stage, for after when the oil runs out, this economical statistical reporting crap is not any GOOD indicator of their capability to do so.


WE NEED SAID MUSA BACK IN GOVERNMENT. THIS BELIZE GOVERNMENT STUFF IS JUST NOT CUTTING IT.


What the hell use is statistics that is FOUR YEARS OLD? Can´t you find anything current to the last quarter, March 2012.

Is the fabulous money we are paying for economic majors, degreed persons in our Belize government bureaucracy´, only producing crap that is four years old. How can anybody, the private sector, or the government work on this NONSENSE. That is why we gave them computers in Belmopan and exorbitant advantages in computer literacy, software programs. Are our HUMAN RESOURCES in the civil service still SO BAAAAD? The politicians can´t fix this problem? Better bring back Said Musa, he did it, with a secretary out of his office almost alone.

From: innovate belize
To: bz-culture@psg.com; belize@lists.belizeculture.com
Sent: Tuesday, April 10, 2012 7:24 PM
Subject: Bz-Culture: strategic default and the superbond
Oil production has made important contributions
to Belize’s fiscal account and to growth in its gross
domestic product (GDP). Although production
was relatively low in 2006 and 2007, it has grown
and generated important fiscal revenue. Its contribution
in the future could be significant and will make the renegotiation of the "Superbond" seem as a strategic default.
I hope that some people on the superbond renegotiation team have M&A and/or Public finance experience.
Some issues that investors will bring up is that when Belize got the "Superbond" the fiscal condition was as is describe in this
chart but now we have the following added indicators.
1. Indicator for Belize Oil Sector(not including any new oil discovery)
Oil as percentage of GDP =47.75
Oil as percentage of exports = 69.75
Oil revenue as percentage of GDP =24.09
Oil as percentage of fiscal revenue =46.88
Oil production per capital =54.554
Oil production per thousand dollars of GDP=9.745
__________________________________________

BNE THE SUCCESSFUL OIL COMPANY, SAYS THE BELIZE GOVERNMENT IS GETTING 58% OF OIL REVENUES.

No date on this data, but touted as current projections for 2012.

Oil as percentage of GDP =47.75
Oil as percentage of exports = 69.75
Oil revenue as percentage of GDP =24.09
Oil as percentage of fiscal revenue =46.88
Oil production per capital =54.554
Oil production per thousand dollars of GDP=9.745


The next government will HAVE NO OIL REVENUES TO HELP THEM. CAN THIS UDP government put our economy on a productive track in say 3 years? Ask yourself that? Dean Barrow the CAUDILLO did a good enough job, as a defensive measure, as at the Battle of Waterloo during this past term. But does he have the balls, and associates in his current government CABINET to produce effective economic growth in the next three years? Ask yourself that one, when we get obsolete statistical data from the government. It certainly does not look so?

1 comment:

Puzzle Belize said...

Bravo glad I am not the only one who realizes we need Hon. Said Musa in Government. His administration has proven that he weathered any storm and still perform efficiently. In the face of 5 hurricanes KEITH, MITCH, IRIS, CHANTEL AND DEAN HON. SAID still build 10 communities country wide.