BELIZE DIVERSIFIED GOALS FOR ECONOMIC SUCCESS

GOALS FOR NATIONAL BELIZEAN GOVERNMENT SUCCESS

• FOREIGN RESERVES: Foreign reserves should be A MINIMUM of 3 x GDP, ( three times value of GDP )

• COST AND SIZE OF BELIZE GOVERNMENT – ( RULES ): Limit of 20% of GDP

• PILLARS OF PRODUCTIVITY: (Government budgeting-encouragement )

• Light manufacturing exports (16.5%),
• import substitution ( 16.5% ),
• agriculture- processing, packaging and marketing of agricultural products-niche brand name gourmet foods and other products ( 16.5% ),
• unique technological exports ( 16.5% ),
• generic drug manufacturing ( 8% ),
• financial services for foreigners ( 9% ),
• tourism (10%),
• tropical products and scientific research (3% ).
• Aviation maintenance and manufacturing ( niche services )(4%)

• NATIONAL AND FOREIGN DEBT RATIO: Less than 3% of GDP

• DISASTER EMERGENCY FUND: 7% of GDP

• AGRICULTURE DIVERSITY AND FOOD SUPPLY: Self sufficient food supply for two years storage.

• MEDICAL SERVICES: Government and private sector combination.

• ELECTRICAL ENERGY: Self sufficiency independence.

• VEHICULAR FUEL SUPPLY: Self sufficiency independence.

• TRANSPORTATION HUB: Regional & International airline HUB services.

• AVIATION: Maintenance, repair and manufacturing hub.

• POPULATION LIMITS: 1 MILLION to 1.5 MILLION


SCORE CARD JANUARY - 2009

Foreign Reserves: Failure
Cost and size of Government: Failure
Pillars of productivity: Failure
National and Foreign Debt Ratio: Failure
Disaster Emergency Fund: Failure
Agriculture Diversity and Food Supply: Failure
Medical Services: Success
Electrical Energy: Failure
Vehicular Fuel Supply: Failure
Transportation Hub: Moderate
Aviation: Below Average
Population Limits: Success
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