President Porfirio Lobo Sosa was the Witness of Honor to the signing of an agreement, whereby the Inter-American Development Bank (IDB) granted funding of 20 million dollars for the Ficohsa Financial Group to support small renewable energy projects in Honduras. At the agreement signing, was U.S. director of the IDB, Gustavo Arnavat, the director for […]
Honduras is one of the four Latin American countries most affected by the current global food crisis. Bolivia, the Dominican Republic and Guatemala are the other most affected nations A report of the Inter-American Development Bank (IDB) said the consecutive increases in food prices worldwide will further burden the Honduran family shopping basket. Such increases […]
Honduras will expand and modernize Central America’s biggest port with $135 million of loans from the Inter-American Development Bank (IDB). Puerto Cortés is the main port of Honduras, handling almost 90% of maritime traffic. Located on the northeast coast of the country, on the Caribbean Sea, it is the biggest and deepest port in Central […]
Honduras’ Santa Rita municipal government, in the western department of Copan, aims to finish installing the city center’s new sewerage system by mid-December. The project, financed by the Inter-American Development Bank (IDB), is being developed at a cost of some 76 million lempiras (US$4 million). Due to the heavy rainfall that has affected the country, […]
Honduras achieved an agreement with the International Monetary Fund (IMF) the president of the Central Bank of Honduras (BCH), Maria Elena Mondragon said today. The Honduran senior official announced that on Monday, the board will know the report on the review of the fourth article, which was the reason for the arrival of the mission […]