By Catracha Hondurena on November 30, 2011
budget, COPECO, extreme weather, housing
Financial News
President Porfirio Lobo Sosa yesterday dispersed more than 9,600,000 lempiras for the construction and repair of dwellings which were damaged by the torrential rains that fell in October. During recent tours of the southern region and other departments in the West of the country, representatives met with mayors of the municipalities hit hardest by the […]
By Catracha Hondurena on November 22, 2010
budget
Financial News, Politics in Honduras
In preparation for the new year, the Budget Committees of the National Congress are hearing institutional reports for 2010, and plans for the 2011 budget year. Thus far, the director of the National Commodity Supplier (BANASUPRO) Oswaldo Cerrato, has asked the National Congress for a budget increase of 50 million lempiras; The president of the […]
By Catracha Hondurena on November 22, 2010
budget, Congress, finances
Financial News, Politics in Honduras
The Honduran legislature reported on the implementation of their budget allocated in 2010; and for the first year ever recorded, their expenditures stayed within the 520 million lempiras set by the Ministry of Finance. Congress is also one of the few entities that did not request any increase in their allocation for next year, despite […]
By Catracha Hondurena on October 29, 2010
budget, Congress, tegucigalpa
Business - Economics, General Honduras News
School Hospital officials reported that their suppliers have again suspended oxygen service to the medical center because of the accumulated debt it has with the provider. Oscar Salgado, managing Director of the hospital, said that “oxygen service has stopped for two days at the central level, and that the service is important because we need […]