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Economy & Business - February 2008 (ISSN 1741-7430)

BELIZE: Barrow wins

Dean Barrow from the United Democratic Party swept past Said Musa and his People's United Party in the general elections on 7 February. The UDP won 25 of the 31 seats in the lower chamber of the parliament and is promising to make major changes. Musa, who has been prime minister for the past 10 years, has seen fast economic growth in his first government curdle into sluggishness in the past couple of years, despite the start of oil production, as his government, under international pressure, brought the fiscal deficit down from the 9% of GDP it reached in 2003.

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