Honduras Economy News

State power utility ENEE accumulated a L11.2 billion (about $450 million) deficit in the first seven months of 2026, with energy theft and illegal connections accounting for roughly 75% of losses, according to a civil-society analysis presented to energy regulators and Congress.

ASJ, a civil-society organization, urges Congress to focus energy-sector reform solely on overhauling the state power utility ENEE to improve efficiency, reduce blackouts, and lower costs for poor households.

Leonardo Deras, commissioner of Honduras's electrical regulator, warns that Middle Eastern conflict pressures are likely to drive electricity costs to their highest levels of the year in the fourth quarter, as deferred rate adjustments of about 6% per trimester may no longer be sustainable.

Adalid Irías, president of a consumer-advocacy group (Defco), called on Honduras's consumer-protection office to meet with producers to identify causes of recent food-price increases, citing eggs rising 6 lempiras (about $0.24) per carton and other staples climbing 3–4 lempiras, partly attributed to drought and higher livestock-feed costs.

The FIFA World Cup 2026 generated an estimated L400 million (roughly $16 million) in economic activity in Honduras through increased consumer spending on tickets, apparel, restaurants, bars, and air travel to match venues.

The agricultural marketing institute reports Honduras holds 120,000 quintals (about 5,400 metric tons) of beans and 76,000 quintals (about 3,400 metric tons) of corn in strategic reserves, with new harvests expected in 20 days and a 25% discount on basic grains coming through state-run stores.

A 30-unit carton of eggs in San Pedro Sula markets has jumped to L110–L117 (about $4.40–$4.68) from L95 at year's start, marking the third price increase in 2026 and adding pressure to household food budgets.

José Castañeda, president of Honduras's small and medium enterprise federation, argues that weak domestic production and outdated economic policies—not Chinese immigrants—are the real obstacles to Honduran competitiveness, as Congress investigates the entry of approximately 13,000 Asian citizens since 2022.

Consumer-protection group Fundación Artículo 19 puts the monthly basic food basket for a five-person household at over L16,000 (about $640), far above the government's figure of roughly L8,600.

Honduras's two-month vehicle amnesty program, which waives penalties and interest on registration debt from 2025 or earlier, expires on August 25, allowing owners to settle arrears or arrange payment plans of up to 12 months without added fines.

Honduras's currency depreciated to near L27 per dollar as of early August, prompting economists to warn of pressure on import prices while the Central Bank says the decline is moderate and driven by normal supply-and-demand forces.

To ease drought-driven price pressure, the government is releasing 120,000 quintals (about 5,400 metric tons) of beans from state reserves at L18 per pound (about $0.72) through Banasupro, with a 25-pound limit per person.

Honduras's part-time employment law, which promised to generate opportunities since March 2026, has produced only 206 contracts across 43 companies, while restaurants and small businesses across the country announce closures, blamed partly on rising electricity costs.

Christian Duarte, a former Finance Ministry official, linked budget cuts by the Asfura administration to a food crisis affecting 1.8 million Hondurans, citing reductions in agricultural programs, forestry protection, farm credit, and water infrastructure.

Liberal and National Party lawmakers said they are close to agreement on energy reforms to modernize the electric system and rescue the troubled state utility ENEE, with key protections for public assets including hydroelectric dams.

Honduras's Finance Ministry is releasing over 1.1 billion lempiras (about $44 million) in advance municipal transfers to 75 drought-affected towns to fund emergency food security and aid to families hit hardest by the extended dry season.

Agricultural leaders are calling on authorities to rotate Honduras's 120,000-quintal (about 5,400 metric tons) strategic bean reserve at IHMA to prevent deterioration and maintain stable prices as 600,000 quintals of new harvest arrive in coming weeks.

Honduras law requires anyone who receives money by banking error to return it, with civil and penal liability—including fraud charges—for those who spend or refuse to repay the funds.

Honduras's Energy Ministry shifted the weekly fuel-price adjustment from 6 a.m. to 12:01 a.m. on Mondays to align with gas stations' weekend supply logistics, a change implemented 30 days ago but announced publicly this week.

Honduras is considering opening its electricity market to multiple operators in generation, distribution, transmission, and sales—similar to Costa Rica's hybrid system—to boost investment, diversify energy sources, and increase regional competition.

Honduras's banking system is reallocating resources toward longer-term domestic financial instruments, signaling a shift toward more structurally oriented investments.

A carton of 30 eggs increased by 6 lempiras (about $0.24) at Tegucigalpa's farmers' market, adding to growing consumer concerns over recurring price hikes in basic food staples.

Honduras's shrimp producers face mounting losses from drought-driven higher salinity in ponds, production costs up 15–18%, and depressed international prices worsened by Ecuadorian oversupply, threatening employment in the southern region.

Honduras's banking regulator (CNBS) announced an August supervisory examination of state agricultural bank Banadesa to review its loan portfolio, use of public funds, and operational controls, citing suspected irregularities in credits approved under previous administrations.

The electricity regulator said it will evaluate the Liberal Party's counterproposal for power-sector reforms, insisting any changes must balance lower tariffs, fair competition, and fiscal impact while rejecting open-ended incentives.

Gasoline and diesel prices will increase on August 10, with diesel rising the most (L4.80 per gallon in Tegucigalpa), while the government continues to subsidize domestic cooking gas to cushion the impact on households.

Bean prices rose up to 10 lempiras per measure in Tegucigalpa this week, with nine vegetables and eggs also climbing, adding 52 to 82 lempiras to household food costs as the minimum wage covers only 90% of basic needs.

Honduras's customs agency collected L41 billion ($1.64 billion) through July 30, exceeding its mid-year target by more than 102%, with strong inflows from merchandise imports, vehicles, and fuel driving confidence it will surpass the full-year goal of L69 billion.

Lawmakers remain divided on proposed reforms to Honduras's state electric utility, with some demanding modifications or deletions to specific articles and disagreement over whether modernization requires privatization.

Honduran farmers are preparing to sell approximately 600,000 quintals (about 27,000 metric tons) of red beans from the first harvest cycle, which officials say has been delayed by late rains and variable weather.