IMF hands Honduras $189 million loan package

The International Monetary Fund on Wednesday said it had offered Honduras roughly $189 million in loans that the Central American country could tap to help contain a ballooning government deficit.

Honduras is one of the poorest countries in the Americas and has the world's highest murder rate, fuelling a surge in child migration to the United States.

"This decision sends a message to investors that you can invest in Honduras with certainty, and that Honduras is doing things well," President Juan Hernandez said.


Source: Reuters