HONDURAS ECONOMY – Elevated public debt a major challenge facing incoming Honduran gov’t

Spain, UK

High public debt equivalent to nearly 60 percent of gross domestic product, a lack of good jobs and a financial crisis affecting the state power company are the main economic challenges facing the incoming Honduran government, which will take office on Jan. 27.

The Central American country’s elevated level of internal and external debt, which this year exceeds $16 billion, represents a major stumbling block for the new left-wing administration, Hugo Noe Pino, a former finance minister and erstwhile Central Bank president, told Efe on Monday.

Products You May Like

Articles You May Like

JAPAN SCIENCE – Japan tests first spinal cord injury treatment with iPS cells
NORTH KOREA MISSILES – North Korea sends strong message with new missile test
AUSTRALIAN OPEN – Australia says Djokovic’s presence may encourage anti-vaxxers
CORONAVIRUS EUROPE – WHO: Omicron could infect half of Europe in two months
US SPACE – Immersive Moon landing exhibit to kick off North American tour in Miami

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *