Browse Honduras Daily Stories

An economist argues the Central Bank's strategy of allowing lempira devaluation to accumulate international reserves is driving inflation and eroding household purchasing power, despite reserves of $11.5 billion being ample to stabilize the currency.

A labor-union leader warns that 2.5 million Hondurans lack adequate food despite reported macroeconomic growth, arguing low wages and weak job prospects drive mass migration and leave the country competing with Haiti on poverty measures.

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.

Honduras's basic food basket has climbed to 16,700 lempiras (about $670), far exceeding the 12,000–14,000-lempira minimum wage, prompting economist Wilfredo Girón to warn that deteriorating purchasing power will force more Hondurans to emigrate as poverty deepens.

Honduras registered a 5.83% annual inflation rate in June, the highest in Central America, with economist Dante Mossi warning that subsidy removals and price increases are pushing the poor toward extreme hardship and reducing consumer spending.

Former Central American Bank president Dante Mossi says Honduras has approved no projects from a $1.6 billion (43 billion lempira) development portfolio offered by the regional bank this year, contrasting with Nicaragua and El Salvador's active borrowing for infrastructure projects.