The central government will contract L 196,636 million for the 2023-26 budget. Sefin has $1 billion from the Central Bank of Honduras for the 2022-2023 budget. Domestic and external public debt is consolidating as the second source of financing for the central government’s budget. Over the next four years according to projections of the Ministry of Finance (Sefin), 196,636 million lempiras must be contracted. It adds that by 2023, the net financing of the central government balance will amount to 49,556.4 million lempiras (6% of GDP) that will be financed with net internal funds for 35,097.6 million (4.2% of GDP) and external funds for 14,458.8 million, equivalent to 1.8% of GDP. Click for more information.
The Ministry of Finance recorded a surplus of L 30,747.1 million. According to official figures, revenues report the execution of 74.2%, while expenditures are 65.6%. Of the public investment program, only 24.8% has been executed. The financial account of the Honduran public administration continues to show positive figures. One of them is the comparison of revenues and expenditures of the general budget of the Republic 2022, with a positive result known as surplus. The latest data published by the Ministry of Finance (Sefin) indicates that the availability of resources is 30,747.1 million lempiras. Click for more information.
With a budget of L. 6,589 million, SAG will seek to contribute to the country’s food security. The Budget Commission of the National Congress approved the new General Budget 2023 for the programs, directorates, and entities attached to the Secretariat of Agriculture and Livestock (SAG), which is 6,589 million lempiras, with which the SAG will work to eliminate extreme poverty in the country. “The budget of this Secretariat for the fiscal year 2023 is focused on complying with four pillars, which are knowledge management, institutionalism and governance, inclusive financing and dynamization of commercialization and market,” argued the head of the SAG, Laura Suazo. Click for more information.
Foreign exchange from tourism is close to 9% of the GDP, highlights Canaturh. The president of the National Chamber of Tourism of Honduras (Canaturh), Michael Wehmeyer, said that the industry without chimneys in Honduras is close to reaching a 9 percent contribution of the Gross Domestic Product (GDP) in 2022. “We are close to reaching more than 9 percent of the contribution of the Gross Domestic Product (GDP). So far, I do not have the exact number of how many millions, but the idea is to reach more than 450 billion lempiras of what is produced in tourism,” Wehmeyer said. Click for more information.
Banana exports generated $465 million. Banana exports resumed their good momentum after the adversities of climate change with the generation of $465.6 million in foreign exchange at the end of the third quarter of 2022, higher by $248.6 million in relation to the $217.1 million left in the same period of 2021. The foreign trade report of general merchandise issued by the Central Bank of Honduras (BCH) highlighted an increase of 8.4 million 40-pound boxes in exported volumes, equivalent to $153 million. From January to September, 20.3 million boxes of bananas were sold in the international market, and in the third quarter, Click for more information. 11.9 million boxes. Click for more information.