By Catracha Hondurena on November 11, 2009
banks, honduras, united states, world bank
Financial News
The World Bank heads the list as the main creditor of Honduras. As of September 30, 2009, the balance of the debt to the Bank reached 489 million dollars, according to a report by the Ministry of Finance (MoF), equivalent to 19.9% of Honduras’ total external public debt, which was 2,457 million dollars. The second […]
By Catracha Hondurena on May 19, 2008
central america, food, honduras, world bank
Business - Economics
President Jose Manuel Zelaya has launched the Plan for Supply of Basic Grains and the Technological Productive Bond (BTP), in order to produce enough basic grains this year to feed the population of 7.3 million people. There will be provision of some basic inputs in terms of agricultural credit at low interest rates (lowered from […]
By Catracha Hondurena on May 14, 2008
food, fuel, honduras, world bank
Business - Economics
Fidencio Alvarez abandoned his bean and corn farm in southern Honduras because of the rising cost of seeds, fuel and food. After months of one meal a day, he hiked with his wife and six children to find work in the city. “We would wake up with empty stomachs and go to bed with empty […]