Browse Honduras Daily Stories

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.

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.

Dante Mossi, former president of the Central American Bank for Economic Integration, criticized a proposed reform excluding bonuses from income-tax calculations, warning it could enable employers to reclassify wages as tax-free bonuses and erode government revenue.

Finance Minister Emilio Hércules said the government has begun distributing the 14th-month bonus to public employees, a payment expected to inject roughly 7 billion lempiras (about $280 million) into the economy by June 10.