New governor takes office in Belize

Former IMF official Vasquez takes office as financial and economic crisis unsettles country

Belize map

The Central Bank of Belize announced former International Monetary Fund official Gustavo Manuel Vasquez had been appointed as its new governor on April 1.

Vasquez was appointed by John Briceño, Belize’s prime minister since last November, and succeeds Joy Grant, CBB governor since October 2016.

He takes office at a difficult moment for the small Central American country. According to the new government’s March 2021 economic update, the country had already entered recession in 2019 due to a

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