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A former president of Honduras's economists' association said the government's decision to raise the fuel subsidy from 50% to 65% warrants scrutiny given global oil prices exceeding $100 per barrel, and cautioned that prolonged subsidies strain public finances.

Darwin Ponce, head of Honduras's Artículo 19 consumer-protection association, disputed claims of a genuine fuel subsidy, saying the government has not disclosed which budget line funds it and rejected relying on foreign companies for short-term relief instead of pursuing futures purchases and a petroleum stabilization fund.

Honduras increased its temporary fuel subsidy from 50% to 65% to cushion households from rising global oil prices, with new fuel prices taking effect September 14 in Tegucigalpa and San Pedro Sula.

The head of Honduras's petroleum agency says the government's temporary fuel subsidy for September is L33.46 per gallon this week.