(ONLINE!!) Belize vs Bahamas live watch 25 February 2023
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As of 2017, oil production was 320 m3/d (2, 000 bbl/d). [95] In agriculture, sugar, like in colonial times, remains the chief crop, accounting for nearly half of exports, while the banana industry is the largest employer. [82] In 2007 Belize became the world's third largest exporter of papaya. [96] The government of Belize faces important challenges to economic stability. Rapid action to improve tax collection has been promised, but a lack of progress in reining in spending could bring the exchange rate under pressure. The tourist and construction sectors strengthened in early 1999, leading to a preliminary estimate of revived growth at four percent.
[88][89] In December 2015, Belize banned offshore oil drilling within 1 km (0. 6 mi) of the Barrier Reef and all of its seven World Heritage Sites. [90] Despite these protective measures, the reef remains under threat from oceanic pollution as well as uncontrolled tourism, shipping, and fishing. Other threats include hurricanes, along with global warming and the resulting increase in ocean temperatures, [91] which causes coral bleaching. It is claimed by scientists that over 40% of Belize's coral reef has been damaged since 1998. [85] Climate[edit] Köppen climate classification of Belize Belize has a tropical climate with pronounced wet and dry seasons, although there are significant variations in weather patterns by region.
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