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U.S Will Resume Aid To Honduras

The announcement was made by Hugo Llorens, U.S. ambassador in Honduras.

Monday, February 1, 2010

©image: Alex Steffler

’It is not fair to isolate Honduras. In Washington, we are beginning the process to unfreeze economic aid for the country’, said Llorens, at a press conference with President Porfirio Lobo.

Economic assistance to Honduras was suspended seven months ago, as a way of forcing the de facto government to reinstate President Manuel Zelaya.

Source: LaJornada

Key entities

Porfirio Lobo Sosa Hugo Llorens

Countries

Honduras United States of América

Insight

financial aid international aid Economics Finance

United States to Resume Aid to Honduras

February 2010

Hillary Clinton, U.S. State Secretary, announced that her country intends to reactivate economic aid to Honduras.

Laprensa.hn reported that “Clinton stated her interest in strengthening social programs in the country, those geared to the most vulnerable population”.

U.S. economic aid was suspended after the destitution of ex president Manuel Zelaya on June 28, 2009.

EE.UU. Confirms Resumption of Honduras Aid

March 2010

The announcement was made by U.S. State Secretary Hillary Clinton, in San José, Costa Rica.

Clinton remarked that Honduras has taken important actions that “deserve recognition and normalization”.

“For the U.S. administration, new President Porfirio Lobo, elected in ‘free, just and legitimate’ elections, has ‘moved quickly to implement several recommendations’ included in the San José Agreement, promoted by Costa Rican president Oscar Arias, as well as the Tegucigalpa-San José Agreement, promoted by the United States”, reported Elnuevodiario.com.ni.

U.S. Disburses $75 Million to Honduras

June 2010

The resources are earmarked for infrastructure projects and agriculture support projects.

Hugo Llorens, U.S. ambassador in Honduras, told members of the pres that they will renovate the Millennium Challenge program that expires on September 30.
One of the included projects is the expansion of the CA-5 highway.

World Bank Could Resume Aid to Honduras

February 2010

Juan José Daboub, director of the World Bank, visited the country, making it the first official action of the financial entity.

William Chong, Honduras, finance minister, told journalists at a press conference that Daboub plans to meet with president Porfirio Lobo, the council of ministers and the economic cabinet.

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