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The Central Information Technology Office (or CITO) is an office under the Ministry of Finance in the country of Belize, located in the capital city of Belmopan.The office manages the government’s primary accounting system (SmartStream), as well as the application for the Income Tax and Sales Tax departments (SIGTAS).
The Ministry of Finance is a government ministry of Belize responsible for public finances. [2] Traditionally, Prime Minister of Belize has also held the portfolio of Minister of Finance. [ 3 ]
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The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. [ 15 ]
Belize (/ b ɪ ˈ l iː z, b ɛ-/ ⓘ, bih-LEEZ, beh-; Belize Kriol English: Bileez) is a country on the north-eastern coast of Central America. It is bordered by Mexico to the north, the Caribbean Sea to the east, and Guatemala to the west and south. It also shares a maritime boundary with Honduras to the southeast.
The Belize currency is pegged to the U.S. dollar and banks in Belize offer non-residents the ability to establish accounts, so drug traffickers and money launderers are attracted to banks in Belize. As a result, the United States Department of State has, since 2014, named Belize as one of the world's "major money laundering countries".
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The 1973 license plates were the first to have the name Belize on them. Full independence from Great Britain took plate on 21 September 1981. [4] [circular reference] The initials "C.A." on the plates stand for "Central America." Still as of 2024, Belize's road code remains BH, despite the country's independence from the United Kingdom.