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IMF hands Honduras $189 million loan package

Thursday, December 4, 2014

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