Honduras Economy News

Honduras's net international reserves increased by $1.067 billion from January 27 to June 11, 2026, with import coverage holding steady at 6.6 months of goods and services.

The Vice Minister of Coffee said Honduras has sufficient supplies of beans and corn to meet domestic demand despite drought affecting several regions of the country.

Central Bank President Roberto Lagos said the IMF agreement does not condition approval of Honduras's electricity-sector reforms, characterizing the Fund as providing accompaniment to the government's own policy vision.

Congressman Marco Midence, a former finance minister, warned that climbing oil prices driven by Middle East conflict will push inflation higher in Honduras, urging the government to adopt energy efficiency measures and stabilize food prices through state programs.

Egg prices in Honduras have climbed this weekend to 95 lempiras for large cartons, 90 for medium, and 80 for small, driven by increases in feed and labor expenses.

Honduras's telecommunications sector expanded, driven by growth in mobile and fixed-line phone services and gains in postal and courier services tied to the rise of e-commerce.

Honduras's commerce sector grew on increased sales of transportation equipment, food products, electronics, fuel, fertilizers, and pharmaceuticals, reflecting rising internal consumption.

Honduras's tax authority (SAR) is offering individuals and businesses a chance to settle back taxes by paying only the amount owed, with penalties, interest, and surcharges waived, available through June 15.

Honduras is nearing $2 billion in foreign-exchange earnings from coffee exports this year, with 6.2 million of 6.8 million contracted quintals already shipped, according to the Coffee Vice Minister.

The Central Bank of Honduras is conducting a nationwide economic survey through June 2026 to update the country's production structures and improve measurement of economic activity.

Private-sector credit in Honduras is expanding faster, driven by declining interest rates and increased lending to businesses, the Central Bank reports.

The Central Bank of Honduras auctioned $68.4 million in its June 12 currency sale, setting a weighted average exchange rate of L26.6855 per dollar for June 13–15.

Women now lead deposit-account ownership in Honduras, underscoring growing female access to financial products, according to the banking regulator's 2025 gender-gap report.

Customs Director Marco Tulio Abadíe said Honduras loses about L1 billion annually to cigarette smuggling, a loss that reduces tax revenue and harms the economy, while only six companies operate under the authorized economic operator program designed to secure trade.

Honduras's manufacturing sector grew, driven by food production—coffee, meat, and fish processing—and construction materials including cement, concrete, and steel reinforcing bar, the Central Bank reported.

Honduras's agriculture, forestry, and fishing sector expanded thanks to improved coffee yields from better farming practices and a rebound in banana, fruit, and African palm production.

Honduran bank liquidity reached L195.9 billion (about $7.8 billion) in March 2026 as deposits continued to grow faster than the credit portfolio, leaving lenders with excess funds that could boost lending later in the year if loan demand increases.

Honduras and the World Bank will launch a program to provide technical training to roughly 200,000 small-scale coffee producers nationwide, aiming to boost productivity and competitiveness in a key sector of the economy.

Samuel Rodríguez, a renewable energy generator, said electricity rates are due for adjustment because high fuel prices driven by the US-Iran conflict are raising energy production costs.

Finance Minister Emilio Hernández and Central Bank President Roberto Lagos signed a letter of intent to the IMF ahead of the June 29 board review, with officials saying approval could unlock about $240 million in fresh funds and help stabilize the economy.

Honduras's Energy Ministry announced price cuts for regular gasoline, premium gasoline, and kerosene effective June 15, offering relief to consumers and businesses as authorities monitor global market shifts.

Egg prices jumped at Tegucigalpa's main markets over the weekend, with large eggs rising from 85 to 95 lempiras per 30-unit carton, as sellers cite higher production costs and limited large-egg supply.

Honduras exported 29.4 million pounds of farmed shrimp worth $113.1 million in the first five months of 2026, up 10.5% in value from the same 2025 period, with 58% of exports being value-added processed product.

Honduras's state power utility ENEE requires L35.4 billion (roughly $1.4 billion USD) in domestic debt from 2026 to 2029 to cover payments to private generators, amid losses exceeding 34% and a total debt burden now at L73.3 billion.

The Central Bank of Honduras allocated $85.1 million in its June 11 currency auction, setting the weighted average exchange rate at L26.6929 per dollar for June 12.

Former Central American Bank president Dante Mossi cautioned that a proposed reform to exclude bonuses from income tax (ISR) calculations would create tax-evasion opportunities and reduce government revenue, reversing two decades of IMF-backed reforms.

The Central Bank allocated $88.3 million in its June 10 currency auction, setting the weighted average exchange rate at L26.6836 per dollar for June 11.

The Central Bank of Honduras expressed deep condolences over the death of Daniel Alfredo Figueroa, who served as vice president of the institution.

Honduras and the European Union signed a five-year, €6 million ($6.9 million) agreement to boost private-sector partnerships and sustainable investments, with aims to improve competitiveness, create jobs, and strengthen regulatory frameworks while emphasizing digital transformation and inclusion of women and youth.

Honduras will see another round of cuts to gasoline, diesel, and kerosene prices starting Monday, marking three straight weeks of fuel-cost declines, with officials suggesting further drops may follow if international market trends persist.