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BELIZE: A substantial package of defence equipment is to be handed over to the government of Belize once it is no longer needed by British forces based there, Jeremy Hanley, Minister for the Armed Forces, said. 'We expect the provision of this equipment will greatly assist in the development of the Belize defence force,' he said.

MORTGAGES: The differential between mortgage rates and interest paid by building societies was 0.81 percentage points when rates peaked at 15.25 per cent. With rates at 8 per cent, it has risen to 2.68 percentage points, Treasury figures showed.

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