36611
Honduras Expects 3.6% Growth
World Economy

Honduras Expects 3.6% Growth

Honduras’ economy will grow by at least 3.6% rate it notched last year, the finance minister of the impoverished Central American nation told Reuters. Wilfredo Cerrato also said he expected the deficit to edge up to 3.2% of gross domestic product from 3.1% last year. “In 2016, we expect that growth will not be less than 3.6% despite public spending restrictions and debt service,” Cerrato said. In 2014, President Juan Orlando Hernandez cut spending sharply to bolster public finances, which took a hit in 2009 after loans and international aid were suspended following a military coup against leftist President Manuel Zelaya.

Short URL : http://goo.gl/25gJ6Z
  1. http://goo.gl/2q2JMW
  • http://goo.gl/p7TrWv
  • http://goo.gl/nnZCbL
  • http://goo.gl/4MW9EH
  • http://goo.gl/ZgMqXL

You can also read ...

Nigeria Inflation Dips Further
For the eight consecutive months, Nigeria’s inflation rate...
Exports extended their growth trajectory for the ninth consecutive month in August.
Economic growth in the third quarter is expected to receive a...
Capital outflows through the banking system have accounted for as much as $27 billion since the crisis.
Unsurprisingly, Qatar has been on the investor radar...
Ethiopia topped the list with FDI inflows surging  by 46% to $3.2 billion.
Foreign direct investment inflows to West African countries...
Currently, the total amount of the eurozone’s NPLs is estimated at $1 trillion. However, undercapitalized Italian banks are objecting  to such ECB recommendations.
The European Central Bank is poised to start wrapping up its...
Angola Rating Downgraded
Moody’s Investors Service has Sunday downgraded the long-term...
Every 1% increase in GDP is expected to equal roughly 1.8 million new jobs.
China’s unemployment rate has hit its lowest point in multiple...
Tanzania Current A/C Deficit Shrinks
Tanzania’s central bank revealed that its current account...

Trending

Googleplus