Belize Sovereign Debt Default

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“Kathleen, as I’m sure you are aware, Belize has recently defaulted on its sovereign debt obligations. Several of your e-letter readers have concerns about this development. Do you have any insight or comments regarding this apparent problem?”

–Kelsey B., United States

I think this is outdated information. There was talk of Belize defaulting on some of its debt last summer, but that issue was resolved and the debt restructured. No new concerns of this kind since then.

At least not in Belize…

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