Punta Gorda, declared a town on Monday, 21 January 1895, known locally as P.G., is the capital and largest town of Toledo District in southern …Punta Gorda, declared a town on Monday, 21 January 1895, known locally as P.G., is the capital and largest town of Toledo District in southern Belize. Punta Gorda is the southernmost sizable town in the nation, with a population of about 5,000 people. Although the town bears a Spanish name, its inhabitants are mostly Kriol/English-speaking and are primarily of Garifuna, East Indian, Kriol, and Maya descent.