Financial News
News affecting the financial and monetary institutions in the country of Honduras.
USAID Verifies Use of Funds in Puerto Cortés
A committee of the U.S. Agency for International Development (USAID) visited Puerto Cortés in northern Honduras to verify that the funds managed by the …
Honduras Free Trade Agreements will boost exports in 2013
For the first quarter of 2013, it is predicted that entrepreneurs will already benefit from …
US Deputy National Security Adviser Negotiating Release of $50 million in Aid to Honduras
Denis McDonough US Deputy National Security Adviser told Honduran President Porfirio Lobo Wednesday about the fight against violent…
Honduras Debt Relief Worth US$ 1.293 Billion
The Central American country of Honduras is moving up, as a country that the western world has not…
Honduras Congress Approves $62 million Boat Rental Contract to fight Drug Trafficking
In a closed session yesterday, the Honduras Congress approved the contract presented by Maritime International Services to rent…
Honduras Congress refuses to accept the Presidents proposed 11% pay cut
Honduran Congressmen wages are above $3,600 US Dollars a month, when including net salary, allowances and expenses, they however refused to accept the 11% reduction ordered by the Executive Branch of government which was to be applied to all government employees who earn more than $2,600 a month. Honduras Congress spends more than seven million [...]…
Honduras Prohibits Consulates from Collecting Cash
The new Financial Services and Consular Protection Act will be applied to the Honduras Consulate abroad favoring hundreds of thousands of Hondurans living abroad. Arturo Corrales Alvarez, Foreign Minister Jorge…
Honduras Over Budget for 2012
According to the Social Forum of External Debt and Development of Honduras (Foro Social de la Deuda Externa y Desarrollo de Honduras – FOSDEH), the Honduran Government has already exceeded…
Egypt seeking former Hosni Mubarak officials in Honduras
The Egyptian authorities on Thursday asked the Supreme Court of Honduras and the Public Ministry to investigate the permanence and financial movements and relationships of 11 former officials of the dictator Hosni Mubarak in the country of Honduras. The legal document, read on the Honduras radio station
USA Invest 1.3 million Dollars to Improve Criminal Investigations in Honduras
The U.S. ambassador in Honduras, Lisa Kubiske, signed yesterday with President Porfirio Lobo, an agreement for the disbursement of $ 1.3 million (about 25.4 million lempiras) to support the capacity of criminal investigation in Honduras. This expenditure comes from the 50 million dollars (about 978.5 million lempiras) adopted by the United States for Honduras through [...]
