world bank

BCH Reaches Agreement with IMF

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 […]

New Reps to WB and IDB from Honduras

Luis Cosenza is the new representative to the World Bank (WB) from Honduras, and Marlon Tabora will be the new rep to the Inter-American Development Bank (IDB). William Chong Wong, the Honduran Finance Minister announced on Tuesday. Cosenza served previously as the minister of the presidency during former President Ricardo Maduro’s administration (2002-2006), and also […]

BCH President to Meet with IMF

The President of the Central Bank of Honduras (BCH) Maria Elena Mondragon, traveled today to Washington D.C. to Participate in the Annual Meeting of Governors of the International Monetary Fund (IMF), which is being held on Sunday. While staying in the capital of the United States, Maria Mondragon will hold meetings with representatives of other […]

Loans Resuming for Honduras

Loans Resuming for Honduras

Too Many Bills? Need Cash FAST? The World Bank, International Monetary Fund (IMF) and Inter-American Development Bank (IADB) member countries are now offering loans to Honduras. “In a meeting today the board decided to resume lending to Honduras,” a spokesperson for the regional development bank said. Honduras will be welcoming persons in the coming weeks […]

Bankrupt Honduras May See Help

William Chong, upon taking up his new post as Honduras’ Finance Minister, has said that the new government is inheriting a bankrupt country, with only “about $50 million in government coffers”. Chong said the country is bankrupt following months of isolation and cut offs of international aid prompted by the political crisis, and also hire […]