BEYOND THE NARRATIVE When Explaining the Financing Is Not the Same as Explaining the Strategy
SPECIAL FEATURE
Belize City: Saturday 25th July 2026: The Government says the proposed investment in BEL is not a bailout.
BEL says it is not making excessive profits on the cost of power.
The Ministry explains that the proposed ($73M) seventy-three-million-dollar purchase is an equity investment in preference shares that should eventually produce returns.
Technically, that explanation may be correct.