And sticking to the subject of Petro Caribe spending, today the Belize Chamber of Commerce and Industry came out swinging at Faber. In a release the chamber condemned and we quote “The confessed blatant misuse of the Petro Caribe Loan Funds as confirmed by the Minister of Education Patrick Faber and aired by multiple media houses on newscasts of June 8th 2015.
The Belize Chamber of Commerce states that spending loan funds on a picnic can in no way be seen as investing in our people's future, and this activity underscores the need for procedures that uphold the principles of accountability, transparency and responsible spending, particularly in the use of loan funds. The BCCI remains firm in its resolve to uphold the principle of good governance and calls on the Minister of Finance and on the Government of Belize to act responsibly in its use of those public funds which every single Belizean must repay.
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