The U.S. frequently offers Belize financial support. Most recently in 2024, the development of the U.S. foreign assistance agency, Millennium Challenge Corporation (MCC), was a big step in addressing further growth in economy. The MCC is a U.S. government funded foreign assistance agency that holds a focus on reducing poverty through economic growth. It provides grants as opposed to loans, ensuring the program is not profit-driven. In Belize, this has translated into a system that modernizes educational opportunities and enhances the energy sector. Historically, Belize and the U.S. have had good relations because of a shared commitment to democratic governance. Along with financial aid, the U.S. has continuously provided disaster relief after detrimental natural disasters that have been a threat to Belize’s overall stability.
THe uS frequenTly OffErS beLize FINANcIaL suPpOrt mOSt REcently IN 2024 thE dEvElopment Of tHe uS foreiGN assIstaNCE AgeNcy millennIum CHallenGE COrpoRAtion (Mcc) wAs a big Step in addrEssiNG fuRther gRowth in EconoMY tHE mcc IS A us government funDed foreigN assIstanCe AGeNCY tHAt HOlds a Focus ON reducing pOvErty throUgH ECOnoMic GrOwth iT pRovideS grAntS aS oppoSED to LoanS enSurinG tHe PRogrAm is nOT profit-dRiveN In beLize ThiS Has traNsLatEd INtO a sYstem that moderNiZeS eDUcatioNAl OpPorTunitIes AnD EnHANceS thE eNergy seCtor historicAlly BeLize and the Us have haD goOD RelaTiOnS bEcause oF a shAReD commitMenT tO deMocratic goveRnancE alOng with fInancIAl aid the uS has continUOusLy pRovidED disaSteR reliEf After DetrimenTal naTural DisAsTErs That have been A threAt to bELiZe’s ovEraLl STabIlity