Compare Belize (2007) - Belize (2008)

Compare Belize (2007) z Belize (2008)

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	Belize (2007)	Belize (2008)

Budget	revenues: $302.6 million expenditures: $324.9 million (2006 est.)	revenues: $328.5 million expenditures: $365 million (2007 est.)
Diplomatic representation from the US	chief of mission: Ambassador Robert J. DIETER embassy: Floral Park Road, Belmopan City, Cayo District mailing address: 3050 Belize Place, Washington DC 20521-3050 telephone: [501] 822-4011 FAX: [501] 822-4012	chief of mission: Ambassador Robert J. DIETER embassy: Floral Park Road, Belmopan City, Cayo District mailing address: P.O. Box 497, Belmopan City, Cayo District, Belize telephone: [501] 822-4011 FAX: [501] 822-4012
Diplomatic representation in the US	chief of mission: Ambassador Lisa M. SHOMAN chancery: 2535 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 332-9636 FAX: [1] (202) 332-6888 consulate(s) general: Los Angeles	chief of mission: Ambassador (vacant) chancery: 2535 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 332-9636 FAX: [1] (202) 332-6888 consulate(s) general: Los Angeles
Economic aid - recipient	$NA (2005)	$12.91 million (2005)
Economy - overview	In this small, essentially private-enterprise economy tourism is the number one foreign exchange earner followed by exports of marine products, citrus, cane sugar, bananas, and garments. The government's expansionary monetary and fiscal policies, initiated in September 1998, led to sturdy GDP growth averaging nearly 4% in 1999-2006. Major concerns continue to be the sizable trade deficit and unsustainable foreign debt. The government in 2006 announced it would seek a restructuring of its sovereign debt and has been negotiating with international creditors to find an acceptable formula for doing so. A key short-term objective remains the reduction of poverty with the help of international donors.	In this small, essentially private-enterprise economy, tourism is the number one foreign exchange earner followed by exports of marine products, citrus, cane sugar, bananas, and garments. The government's expansionary monetary and fiscal policies, initiated in September 1998, led to sturdy GDP growth averaging nearly 4% in 1999-2007. Oil discoveries in 2006 bolstered the economic growth in 2006 and 2007. Major concerns continue to be the sizable trade deficit and unsustainable foreign debt. In February 2007, the government restructured nearly all of its public external commercial debt, which will reduce interest payments and create the liquidity relief needed for an increase in public spending in the run-up to the March 2008 elections. A key short-term objective remains the reduction of poverty with the help of international donors.
Electricity - production	175 million kWh (2005)	200 million kWh (2007 est.)
Exchange rates	Belizean dollars per US dollar - 2 (2006), 2 (2005), 2 (2004), 2 (2003), 2 (2002)	Belizean dollars per US dollar - 2 (2007), 2 (2006), 2 (2005), 2 (2004), 2 (2003)
Executive branch	chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Sir Colville YOUNG, Sr. (since 17 November 1993) head of government: Prime Minister Said Wilbert MUSA (since 28 August 1998); Deputy Prime Minister Vildo MARIN (since 5 June 2007) cabinet: Cabinet appointed by the governor general on the advice of the prime minister elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; prime minister recommends the deputy prime minister	chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Sir Colville YOUNG, Sr. (since 17 November 1993) head of government: Prime Minister Dean BARROW (since 8 February 2008); Deputy Prime Minister Gaspar VEGA (since 12 February 2008) cabinet: Cabinet appointed by the governor general on the advice of the prime minister elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; prime minister recommends the deputy prime minister
GDP - composition by sector	agriculture: 22.5% industry: 14.8% services: 62.6% (2006 est.)	agriculture: 21.3% industry: 13.7% services: 65% (2007 est.)
GDP - real growth rate	3.5% (2006 est.)	3% (2007 est.)
Imports	NA bbl/day	6,754 bbl/day (2004)
Industrial production growth rate	4.6% (1999)	0.5% (2007 est.)
Inflation rate (consumer prices)	4.3% (2006 est.)	2.8% (2007 est.)
Legislative branch	bicameral National Assembly consists of the Senate (12 seats; members appointed by the governor general - 6 on the advice of the prime minister, 3 on the advice of the leader of the opposition, and 1 each on the advice of the Belize Council of Churches and Evangelical Association of Churches, the Belize Chamber of Commerce and Industry and the Belize Better Business Bureau, and the National Trade Union Congress and the Civil Society Steering Committee; to serve five-year terms) and the House of Representatives (29 seats; members are elected by direct popular vote to serve five-year terms); note - number of seats will increase to 31 next election elections: House of Representatives - last held 5 March 2003 (next to be held in March 2008) election results: percent of vote by party - NA; seats by party - PUP 21, UDP 8	bicameral National Assembly consists of the Senate (12 seats; members appointed by the governor general - 6 on the advice of the prime minister, 3 on the advice of the leader of the opposition, and 1 each on the advice of the Belize Council of Churches and Evangelical Association of Churches, the Belize Chamber of Commerce and Industry and the Belize Better Business Bureau, and the National Trade Union Congress and the Civil Society Steering Committee; to serve five-year terms) and the House of Representatives (31 seats; members are elected by direct popular vote to serve five-year terms) elections: House of Representatives - last held 6 February 2008 (next to be held in 2013) election results: percent of vote by party - NA; seats by party - UDP 25, PUP 6
Political parties and leaders	National Alliance for Belizean Rights or NABR; National Reform Party or NRP [Cornelius DUECK]; People's United Party or PUP [Said MUSA]; United Democratic Party or UDP [Dean BARROW]; Vision Inspired by the People or VIP [Paul MORGAN]; We the People Reform Movement [Hipolito BAUTISTA]	National Alliance for Belizean Rights or NABR; National Reform Party or NRP [Cornelius DUECK]; People's National Party or PNP [Wil MAHEIA]; People's United Party or PUP [Said MUSA]; United Democratic Party or UDP [Dean BARROW]; Vision Inspired by the People or VIP [Paul MORGAN]; We the People Reform Movement or WTP [Hipolito BAUTISTA]

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