By Hector Martinez on December 7, 2011
financing, world bank
Financial News
Press Release No:2012/189/LAC The World Bank Board of Directors approved the new 2012-2014 Country Partnership Strategy with Honduras that will benefit thousands of poor Honduran families by improving social protection programs and property rights, among other objectives. The Strategy, which also focuses on public safety and macroeconomic management, assigns a total sum of US$171 million. […]
By Hector Martinez on December 1, 2011
financing, IDB, loans, SME
Financial News
The IDB has approved a US 40 million dollar loan to strengthen the financial system and improve access to financial services in Honduras, according to a press release from the development bank. The measures aim to improve the regulatory framework and supervision in the country, as well as enhance the sustainability of reforms by improving […]
By Jennifer Catracha on October 11, 2011
crime, drugs, financing, security
General Honduras News
According to a Honduran law introduced in July of 2010, and approved by Congress in November, three government ministries should each receive 26% of forfeited criminal assets: the State Security Ministry, the Defense Ministry, and the Public Ministry. Another ten percent is intended to be used as bonus salaries for police and firemen, and another […]