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Government Wants a Go-Ahead of $73M to Buy More BEL Shares
['Benita Keme-Palacio']
Greater Belize Media
Government Wants a Go-Ahead of $73M to Buy More BEL SharesThe Briceño administration is seeking Parliament’s approval to spend approximately $73 million from the Consolidated Revenue Fund to purchase additional shares in Belize Electricity Limited (BEL).
Prime Minister John Briceño introduced the Belize Electricity Investment Bill 2026 in Friday’s House meeting.
“Strategically, the bill represents another step in Belize’s broader policy objective of increasing national ownership and influence within Belize’s electricity sector,” Briceño said.
“BEL belongs overwhelmingly to the people of Belize.
And we want it to succeed,” Panton said as she pointed out that GoB already owns 66% of shares in BEL.