Description:

Established: 1982 Overview The Central Bank of Belize is the country’s premier financial institution, established under the Central Bank Act of 1982 as the successor to the Monetary Authority of Belize. Its primary mandate is to promote monetary and financial stability for the well being of Belize Key Functions The Central Bank of Belize performs a wide range of functions critical to the country’s economic health: Economic Advisory: Provides expert advice to the Government of Belize. Banking Services: Acts as banker to commercial banks, the government, and public-sector organizations. Currency Issuance: Sole authority to issue Belize’s monetary notes and coins. Foreign Exchange Management: Buys, sells, and manages foreign currency and reserves. Fiscal Agent: Manages government accounts, debt servicing, and securities issuance. Monetary Policy Administration: Controls liquidity and credit conditions to support economic growth. Financial System Oversight: Supervises and regulates financial institutions to ensure legal compliance and public interest protection.