Macroeconomic Forecast Honduras

July 2006 | Macroeconomic Forecasts

Net foreign reserves reached US$2.66bn at the end of April, up from US$2.33bn at the end of last year. We are adjusting our year-end forecast for 2006-2007, as Honduras continues to pursue a policy of encouraging FDI, aided by its entry into DR-CAFTA, as well as a business-friendly government stance. On the downside, the government move to ban types of mining, which provided US$114.1mn in revenue last year, could affect some potential investors in this area.

If you would like to subscribe to Central America Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Central America Monitor please click on the trial link below.