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Honduras Boosts Coffee Sector with Significant Investment
In an effort to rejuvenate its coffee industry, Honduras has announced an investment exceeding $3 million.
Honduras, a key ICE supplier, faces setbacks since 2020:...
Honduras Sets Ban on Crypto for Banks
Honduras' CNBS has set a ban on banks dealing with cryptocurrencies.
This rule announced on Friday but effective Monday, stops financial institutions from using cryptocurrencies...
Honduras Boosts Police Force with New Armored Vehicles
Honduras recently added two Black Mamba APC Sandcat armored vehicles to its National Police.
These form the first part of a fleet of ten, aiming...
Honduras Upgrades F-5 Jets, El Salvador Boosts Defense Budget
In 2023, with the United States' approval, Honduras initiated the modernization of its air force by upgrading its previously inactive F-5 jets.
This move was...
Large Protest in Honduras Against Government
Thousands protested in Honduras's capital last Saturday against President Xiomara Castro for perceived unconstitutional actions by her government.
Organized by opposition parties, the demonstrators criticized...
Honduras is Central America’s Top Military Power in 2023
Honduras has made it into a global list of the top 100 nations with significant military strength.
The Global Firepower Index 2023 indicates that Honduras...
Honduras and Bolivia Seal Visa-Free Travel Deal
Honduras and Bolivia recently inked a visa-free travel agreement in New York.
Eduardo Enrique Reina and Rogelio Mayta, the foreign ministers, represented their respective countries....
Honduras Approves US$16.4 Billion Budget for 2024
The Honduran government okayed a 2024 budget of 406 billion lempiras (US$16.4 billion). Finance Minister Rixi Moncada announced this on Friday.
President Xiomara Castro led...
Honduras secures US$830 million from IMF to support economic reforms
According to an official statement from the IMF, Honduras has reached a consensus with the International Monetary Fund (IMF) to secure US$830 million to...
Annual inflation rate in Honduras at 5.15% in July, the lowest in 19 months
In July, Honduras saw an annual inflation rate of 5.15%, the lowest in 19 months, as reported by the country's Central Bank (BCH).
This marks...
Honduras records economic growth of 2.5% in the first five months of 2023
In the first five months of 2023, Honduras experienced a 2.5% expansion in economic activity, according to a report by the Central Bank of...
Honduras resumes ambitious inter-oceanic rail project and China wants to build it
Honduras has revived the idea of building an interoceanic railroad, an initiative linking the Pacific coast to the Caribbean Sea.
The estimated US$20 billion project...
EU and Honduras formalize agreement to strengthen bilateral relations
The European Union (EU) and Honduras have formalized an understanding aimed at enhancing their bilateral relations.
The agreement, established on Monday, encompasses topics from human...
Honduras records 7.3 percent increase in remittances in first half of 2023
In the first half of 2023, Honduras received US$4.509 billion in remittances, marking a 7.3% rise compared to the same period in 2022, as...