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Christopher Coye, Minister of State, Ministry of Finance:“We’ve had our issues in terms of debt management, fiscal management in the past and it took a lot for us to bring us to where we are today.
Source: https://lovefm.com/world-banks-regional-vp-wraps-up-visit-to-belize/
Well, according to Senator Christopher Coye, it’s a requirement so that Belize can be in full compliance with the Financial Action Task Force (FATF).