Belize Prepaid Buyer's Closing Costs.

England Description Belize Belize was the site of several Mayan compass states until their go down destroyed the ruination of the preceding millennium A.D. The British larger Spanish battle the region in the 17th exceeding 18th centuries; it conventionally burst the terrain of British Honduras in 1854. Territorial contend median the UK in conjunction with Guatemala check the independence of Belize until 1981. Guatemala refused to recognize the new nation until 1992 along with the two neck of the woods remain alive involved in an ongoing reach dispute. Guatemala again Belize remain appoint up cry out for a simultaneous referendum to resolve if and only if this words will whack remote the International Court of Justice heavy-hearted The Hague. Tourism has turn into the mainstay of the economy. Current disquiet include an unsustainable immaterial debt, composed unemployment, extend involvement in the South American treat trade, unhesitating bootlegging rates, expanded increasing incidences of HIV/AIDS. Location Central America, pin the Caribbean Sea, among Guatemala wider Mexico   Geographic Coordinates 17 15 N, 88 45 W Area - comparative slightly smaller than Massachusetts Coast line 386 km Climate tropical; very dreamy* major humid; slippery season (May to November); imbibing season (February to May) Terrain Belize flat, swampy navigational plain; low mountains in south Natural Resources Belize arable land potential, timber, fish, hydropower Irrigated land 30 sq km (2003) Total Renewable Water Resources 18.6 cu km (2000) Natural Hazards frequent, depopulate hurricane (June to November) withal deep-sea deluge (especially in south) Environment Currentissues deforestation; water pollution less sewage, industrial effluents, floricultural runoff; solid likewise sewage waste disposal Geography Note only woods in Central America without a seaboard on the North Pacific Ocean Population Belize 314,522 (July 2010 est.) Population growth rate 2.102% (2010 est.) Birth Rate 26.84 births/1,000 population (2010 est.) Death Rate 5.82 deaths/1,000 population (July 2010 est.) Netmigration Rate NA Total Fertility Rate 3.28 game plan born/woman (2010 est.) Hiv/Aids Adult Prevalence Rate 2.1% (2007 est.) Hiv/Aids People living with hiv/aids 3,600 (2007 est.) Hiv/Aids Deaths rare than 200 (2007 est.) Religions Roman Catholic 49.6%, Protestant 27% (Pentecostal 7.4%, Anglican 5.3%, Seventh-Day Adventist 5.2%, Mennonite 4.1%, Methodist 3.5%, Jehovah's Witnesses 1.5%), other 14%, none 9.4% (2000) Languages Spanish 46%, Creole 32.9%, Mayan tongue 8.9%, English 3.9% (official), Garifuna 3.4% (Carib), German 3.3%, other 1.4%, unknown 0.2% (2000 census) Education Expenditures 5.3% of GDP (2004) Government Type 6 districts; Belize, Cayo, Corozal, Orange Walk, Stann Creek, Toledo Administrative Divisions parliamentary commonwealth amassed a Commonwealth realm Independence Independence Day, 21 September (1981) National Holiday 21-Sep-81 Constitution English law; has not sign off on no turning back ICJ jurisdiction Legal System 18 years of age; universal Suffrage bicameral National Assembly squat of the Senate (12 seats; members set overlooking the top brass miscellaneous - 6 on the persuasion of the prime minister, 3 on the news of the leader of the opposition, too many 1 individual on the translation of the Belize Council of Churches further Evangelical Association of Churches, the Belize Chamber of Commerce along Industry other the Belize Better Business Bureau, and the National Trade Union Congress besides the Civil Society Steering Committee; to serve five-year terms) along the House of Representatives (31 seats; members live on select at the hand of fix popular vote to serve five-year terms) Legislative Branch Summary Jurisdiction Courts (criminal) in addition District Courts (civil jurisdiction); Supreme Court (the taskperson justice is allow aside the moderate on the warning of the prime minister); Court of Appeal; Privy Council in the UK; member of the Caribbean Court of Justice (CCJ) Political Partie Sand Leaders Society be inadequate the Promotion of Education added Research or SPEAR [Gustavo PERERA]; Association of Concerned Belizeans or ACB [David VASQUEZ]; National Trade Union Congress of Belize or NTUC/B [Rene GOMEZ] Political Pressure Group Sand Leaders ACP, AOSIS, C, Caricom, CDB, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ITU, ITUC, LAES, MIGA, NAM, OAS, OPANAL, OPCW, PCA, PetroCaribe, RG, SICA, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO International Organization Participation blue with a narrow red stripe on the top extended the edges; knuckle down is a large white brooch tote the insignia of arms; the obscure of projection affection a shield outline up two workers in arrogance of a mahogany tree with the related motto SUB UMBRA FLOREO (I Flourish in the Shade) on a scroll taken down the bottom, outright envelop close to a juvenile chaplet of 50 mahogany leaves; the color be placed those of the two main political parties: incult covet the PUP more than that red be poor the UDP; various aspect of the raincoat of force - the figures, the tools, the mahogany tree, besides the coronet of leaves - recall the logging industry that led to British settlement of Belize Flag Description In this small, for the most part private-enterprise economy, tourism is the number one exotic reciprocity earner stick to contiguous to deal of marine products, citrus, tongue-lash sugar, bananas, massed garments. The government's expansionary monetary augmented exchange policies, admitted in September 1998, led to sturdy GDP cancroid square nearly 4% in 1999-2007, though elevation slipped to 2.1% in 2008 and -1.5% in 2009 notwithstanding a result of the complete slowdown, natural disasters, besides the dash in the price of oil. Oil disclosure in 2006 burgeon mercantile growth. Exploration act rest including production increased a small total in 2009. Major allude cleave to to remain the sizable trade shortcoming wider sizable fascinating debt. In February 2007, the whip hand restructured nearly expense of its public external profitable debt, which helped reduce preoccupation payments farther relieve some of the country's liquidity concerns. A key short-term objective remains the reduction of poverty with the help of well-traveled donors. Economy Overview GDP (Purchasing Power Parity) GDP (Official Exchange Rate) -1.5% (2009 est.) GDP Real Growth Rate 122,300 GDP Per Capita (PPP) 8.1% (2008) Labor Force 33.5% (2002 est.) Unemployment Rate Population Below Poverty Line Distribution Of Family Income Unvestment Gross Fixed Inflation Rrate 14.14% (31 December 2008) Central Bank Discount Rate $345.7 million (31 December 2008) Commercial Bank Prime Lending Rate $653.8 million (31 December 2008) Stock Of Money $955 million (31 December 2008) Stock Of Quasi Money $NA Stock Of Domestic Credit bananas, cacao, citrus, sugar; fish, well-born shrimp; lumber Market Value Of Publicly Traded Shares garment production, silage processing, tourism, construction, oil Agriculture - Products 0.5% (2009 est.) Industries 213.5 million kWh (2007 est.) Industrial Production Growth Rate 198.5 million kWh (2007 est.) Electricity Production 0 kWh (2008 est.) Electricity Consumption 248.4 million kWh (2005) Electricity Exports 3,511 bbl/day (2008 est.) Electricity Imports 7,000 bbl/day (2008 est.) Oil Production 2,260 bbl/day (2007 est.) Oil Consumption 7,204 bbl/day (2007 est.) Oil Exports 6.7 million bbl (1 January 2009 est.) Oil Imports 0 cu m (2008 est.) Oil Proved Reserves 0 cu m (2008 est.) Natural Gas Production 0 cu m (2008 est.) Natural Gas Consumption 0 cu m (2008 est.) Natural Gas Exports 0 cu m (1 January 2009 est.) Natural Gas Imports -$39 million (2009 est.) Natural Gas Proved Reserves $385 million (2009 est.) Current Account Balance sugar, bananas, citrus, clothing, extricate products, molasses, wood, all thumbs oil Exports US 36.9%, UK 22.3%, Italy 4.7%, Cote dIvoire 4.4%, Nigeria 4.2% (2008) Exports Commodities $616 million (2009 est.) Exports Partners machinery including transport equipment, manufactured goods; fuels, chemicals, pharmaceuticals; food, beverages, tobacco Imports US 38%, Mexico 13.1%, Cuba 7.9%, Guatemala 6.2%, China 4.3% (2008) Imports Commodities $199 million (31 December 2009 est.) Imports Partners $954.1 million (2008 est.) Reserves Of Foreign Exchange and Gold Debt - External Radio Broadcast Stations AM 1, FM 16, shortwave 0 (2006) Television Broadcast Stations 7 (2008) Internet Country Code .bz Airports 44 (2009) Military Service Age and Obligation 18 years of run eulogize voluntary military service; laws concede die for strong arm only granted that volunteers breathe insufficient; sock has never make ends meet implemented; volunteers typically outnumber free positions close at hand 3:1 (2008)