BELIZE LENDING INSTITUTION PLAN
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The BPP will immediately declare a moratorium on residential foreclosures, affording homeowners an opportunity to refinance with a more considerate National Bank.
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The BPP will enact usury laws that will protect all Belizeans from usury abuse.
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The BPP will utilize the National Bank to provide low-interest financing to the productive sector.
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The BPP will create legislation to allow for the establishment of jointly funded mutual funds by the private and public sector, to provide low interest financing to the productive sectors of the economy geared towards import substitution – focusing on Agro-Industries and Light-Manufacturing.