Belize

Changes in Belize's business environment in the past year are reflected in the latest World Bank Ease Of Doing Business 2013 report, which covers 185 countries. While trade has become... 2012-11-19

While we expect negotiations with creditors to continue, it looks increasingly likely that in the short term, the Belizean government will default on its 2029 US$-denominated 'superbond'.

BMI View: We see rising risks to Belize's sovereign credentials, with domestic political concerns likely to encourage a drawn out debt restructuring negotiation process. Moreover, even... 2012-08-13

BMI View: The re-election of Belizean Prime Minister Dean Barrow, who said that restructuring the country's outstanding US$547mn bond would be a priority of his second term in office,... 2012-03-15

BMI View: The introduction of the issue of debt servicing to Belize's March 7 general elections portends poorly for the country's sovereign credentials. With the economy still displaying... 2012-03-06

Belize's weighty debt burden continues to cause us considerable concern, and with a sovereign ratings downgrade from S&P and a higher coupon price about to be levied upon its debt... 2011-09-13

BMI View: Despite running a consistent primary surplus, Belize's fiscal accounts remain a long way from healthy, as expenditures continue to rise and the still-recovering economy... 2011-03-23