Belize

 

Belize, formerly known as British Honduras, is the only official English-speaking country in Central America. Belize was a British colony for more than a century and was known as British Honduras until 1973. It became an independent nation within The Commonwealth in 1981.

 

Quick Facts

 

Capital City: Belmopan
Area: 22,966 sq km/ 8,867 sq mi
Population: 360,346 (July 2017 est.)
Time Zone: UTC -06:00
GDP (PPP): $3.088 billion (2016 est.)note: datum in 2016 US dollars
Currency: Belizean Dollar (BZD)
% of Shares:(as of December 31, 2016) 0.77
Source: Central Intelligence Agency. (2017). The World Factbook: Belize. Updated August 30, 2017

CDB Involvement

Belize joined the CDB in 1970 and at the end of 2016 had received approximately USD469,663 million in loans, contingent loans, equity and grants.

CDB funding in Belize is used to finance a myriad of social and economic infrastructure improvements such as schools, road and water projects, enhanced disaster-resistant structures, and community skills training for employment and empowerment.  Skills training for health-care professionals, improvements in health and educational facilities and the construction and rehabilitation of spaces for children, the elderly, infirm, or those living with HIV/AIDS have also been provided.

CDB funded projects are administered through the Belize Social Investment Fund and various government Ministries. SIF in Belize operates with funds from the Basic Needs Trust Fund. Projects are executed in collaboration with community-based organisations, village councils, non-profit and non-governmental organisations and other community and civic groups.

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