Honduras
Economy
BMI View: In March, the International Court of Justice (ICJ) began hearing arguments over a maritime border dispute between Nicaragua and neighbouring Honduras. A ruling should...
2007-03-12Economy
BMI View: Recently-released figures showed that the 2006 current account deficit came in at US$150mn, overshooting our projection of US$100mn. Importantly, though, the deficit as...
2007-03-08Economy
BMI View: As we had anticipated, due to a large amount of foreign debt relief, Honduras' external debt load (public plus private) fell dramatically in 2006, from US$5.22bn to US$3.83bn...
2007-03-07Economy
BMI View: Global oil prices have fallen considerably since their peak in 2006, and this should prove beneficial to Central America's external accounts. Importantly, we think that...
2007-02-19Economy
BMI View: The Honduran government's takeover of multinational-owned oil storage facilities lasted only a few days, before pressure from Washington caused them to back down. While...
2007-02-05Economy
BMI View: The trade deficit in 2006 came in at US$3.49bn, very close to our projection of US$3.40bn. We are projecting a US$3.74bn shortfall in 2007, which would represent a small...
2007-02-05Economy
Among the hottest political issues in Honduras is that of consumer petrol prices, which has had implications for consumer spending and inflation. President Manuel Zelaya has presided...
2007-02-05Economy
BMI View: With solid economic growth and fiscal consolidation anticipated over the next few years, Honduras' debt servicing outlook is sound.
2007-01-15Economy
Congress approved the 2007 budget in December, with the focus firmly on tackling poverty and crime. Almost half of the budget's US$2.59 expenditure programme has been earmarked for...
2007-01-12Economy
BMI View: Consumer price inflation finished 2006 at 5.29%, an uptick from the year's low of 4.46% y-o-y, which was recorded in September. This vindicated our view that inflationary...
2007-01-10




