Browse Honduras Daily Stories

President Nasry Asfura declared the state power company's financial losses and accumulated debt the country's chief economic concern, pledging to stabilize operations while keeping it publicly owned and freeing resources for health, education, and infrastructure.

CREE commissioner Héctor Corrales said the agency's review of electricity tariffs reflects upward pressure from rising fuel prices, exchange-rate shifts, and increased energy demand.

North America leads Honduras's trade, with the United States alone accounting for 46.4% of exports, followed by Europe at 20.9% and Central America at 20.3%.

Honduras's merchandise exports grew 7.3% in the first half of 2026 compared with a year earlier, driven by higher volumes of coffee and bananas and improved international prices for gold and recycled products.

A consumer-advocacy group reported that at least 16 staple foods rose in price over the weekend, with beans reaching 120 lempiras (about $4.80) per measure and eggs up to 110 lempiras (about $4.40) per carton, alongside price increases in chayote, potatoes, peppers, and broccoli, blamed on weather, inflation, and Middle East conflicts.

Honduras's monthly economic activity index rose 3.5% in the first four months of 2026, driven by stronger agricultural-export sales and increased domestic consumption, the central bank reported.

A former head of Honduras's banking commission warned that new US requirements for remittance senders to prove legal status could cut the flow of family money—which topped $12 billion in 2025 and already exceeds $4.5 billion in 2026—potentially harming multiple sectors of the Honduran economy.

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.

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.

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.

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.