AGP Executive Report
Last update: 7 hours agoEnergy & Utilities: BEL says Mexico’s CFE may curtail supply again, prompting a tentative load-shedding plan tonight (8:00–11:00 p.m.) for parts of San Pedro, Belize City, San Ignacio, Corozal and Dangriga, while a separate Stann Creek outage is for maintenance. A nationwide blackout on Aug. 25 exposed a ~19MW shortfall when CFE supply was temporarily lost, renewing calls for faster local generation and storage. Transport & Power Demand: The Ministry of Transport rejected the Belize Bus Association’s warning that electric buses will strain the grid, saying NBC charging stations will rely mainly on solar with BEL as backup. Fuel Prices: The Supplies Control Unit cut LPG controlled prices effective Aug. 28—urban retail at $1.35 per pound ($5.92/gal) and rural at $1.38 per pound ($6.02/gal). Cost of Living: SIB reports July inflation at 4.1%, with housing, electricity, water and food pressures continuing; San Ignacio/Santa Elena hit 5.3% inflation. Agribusiness & Jobs: CARICOM Development Fund grants total US$1.11m for livestock/feed-linked honey and market support, while the Ministry trains Cayo beekeepers to expand apiaries and honey output. Policy & Business Climate: UDP pushes targeted electricity relief (including GST removal on power) and warns tourism taxes could hurt competitiveness; it also questions the National Bus Company’s advantages over independent operators. Telecom: BTL formally withdrew its proposed Speednet acquisition from the PUC. Trade & Development: Belize and Taiwan signed a US$3m project to support women and young entrepreneurs via training and business guidance.
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