Prime Minister Hon. John Briceño represented Belize at the Caribbean Ministerial Meeting, held on the margins of the 2026 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) in Bangkok, Thailand. The meeting provided an opportunity to address the economic pressures facing Caribbean countries and the support needed to strengthen their resilience.
Speaking at the meeting, Prime Minister Briceño highlighted the impact of rising energy costs on Belize’s economy, noting that fuel prices had increased by 27.7 percent since the crisis in the Strait of Hormuz. He explained that the country’s dependence on imported energy leaves households, businesses, and public finances exposed to external shocks.