Headquarters | Belize City, Belize |
---|---|
Coordinates | 17°29′53″N88°10′59″W / 17.498192°N 88.182993°W |
Established | January 1, 1982 |
Ownership | 100% state ownership [1] |
Governor | Kareem Michael |
Central bank of | Belize |
Reserves | 400 million USD [1] |
Preceded by | Board of Commissioners of Currency (1894–1976), Belize Monetary Authority (1976–1981) |
Website | www |
The Central Bank of Belize is the central bank of Belize, established in 1982. In 2021 Gustavo Manuel Vasquez was chosen to serve as Governor, replacing A. Joy Grant, who had served in the role since 2016. [2] [3]
The Central Bank of Belize was established on January 1, 1982, by the Central Bank of Belize Act No. 15 (Chapter 262 of the Laws of Belize Revised Edition 2000). [4]
The Central Bank is the natural successor to the Monetary Authority of Belize, established from 1976 to 1981, and the Board of Commissioners of Currency running from 1894. [5] The latter is responsible for the devaluation crisis that led to the nationalist movement of the 1950s.
Belize maintains 14 embassies to foreign countries, one consulate, and three missions to international organizations. In 1990, Belize became a member of the Organization of American States, and the Commonwealth of Nations in 1981.
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in four of its currency printing presses located in Nashik, Dewas, Mysore and Salboni. The RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.
Sir Manuel Amadeo Esquivel was a Belizean politician. As leader of the United Democratic Party, he served as the second prime minister of Belize from 1984 to 1989, and then again from 1993 to 1998. His party's victory in 1984 was the first time an opposition party had won a general election in Belize.
The Belize dollar is the official currency in Belize. It is normally abbreviated with the dollar sign $, or alternatively BZ$ to distinguish it from other dollar-denominated currencies.
Real-time gross settlement (RTGS) systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to any other bank on a "real-time" and on a "gross" basis to avoid settlement risk. Settlement in "real time" means a payment transaction is not subjected to any waiting period, with transactions being settled as soon as they are processed. "Gross settlement" means the transaction is settled on a one-to-one basis, without bundling or netting with any other transaction. "Settlement" means that once processed, payments are final and irrevocable.
The Bangko Sentral ng Pilipinas is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte.
John Antonio Briceño is a Belizean politician who is the fifth and current prime minister of Belize since 12 November 2020, and the leader of the People's United Party (PUP) since 2016. He was Leader of the Opposition from 2008 to 2011 and from 2016 to 2020. From 1998 to 2007, he served as the deputy prime minister under Prime Minister Said Musa.
The Bank of Guyana (BoG) is the central bank of Guyana. It was established in 1965 in advance of the country's independence in 1966. Dr. Gobind Ganga has been the governor of BoG since December 2014.
The Central Bank of Cyprus is the Cypriot member of the Eurosystem and has been the monetary authority for the Republic of Cyprus from 1963 to 2007, issuing the Cypriot pound. Since 2014, it has also been Cyprus's national competent authority within European Banking Supervision.
The Bank of Guatemala is the central bank of Guatemala. It was established in 1945.
The Central Bank of Honduras was established on 1 July 1950. The president of the bank is appointed by President of Honduras for a term of four years. The current bank president is Rebeca Santos.
The Central Bank of Nicaragua is the central bank of Nicaragua.
The Central Bank of the United Arab Emirates is the state institution responsible for managing the currency, monetary policy, banking and insurance regulation in the United Arab Emirates.
Ahmed Abdulrahman Ali Al-Samawi is a Yemeni economist and banker. He was the Governor of the Central Bank of Yemen for thirteen years from May 1997 to April 2010. He was the first to prepare a scientific budget for the Republic of Yemen in 1972.He is currently a member of the 'Consultative' Shura Council of the Republic of Yemen.
Audrey Joy Grant is the current governor of the Central Bank of Belize. She was a Belizean Senator and the head of the Ministry of Energy, Science & Technology, and Public Utilities. After beginning her career in economic development projects, she became an environmental conservationist and developed numerous projects throughout the Caribbean region to protect forests and marine life.
Sir Henry Edney Conrad Cain was a Belizean accountant who dedicated 51 years of his life as a public servant. He was knighted in 1986 by Queen Elizabeth II and received the award of "Order of Distinguished Service" in 2006. He is recognized as a renowned Belizean because of his contribution to the stabilizing of Belize's high liquidity and payment problems in 1987 through which he rebuilt Belize's foreign reserves.
The governor of the Eastern Caribbean Central Bank is the head of the central banking system of the Eastern Caribbean region. To date there have been three governors, with the incumbent Timothy Antoine in office since February 2016.
Jules Vasquez is a Belizean journalist and media executive. He is the current News Director and Chief Editor at Tropical Vision Limited, known locally as Channel 7 News, the longest operating broadcaster in Belize. He has developed a reputation in Belize because "his comments strike a chord and his questions leave burning marks when fired."
The following lists events in the year 2022 in Belize.