The program estimates that $4.5 million would soften the effects of the economic crisis, as was expressed by Guillermo Matamoros, director of the Honduran Association of Maquiladores (AHM).
Iván Vásquez gathers the statements of the director of AHM for Elheraldo.hn: "This is a contribution by the IDB (Inter American Development Bank) which will avoid job losses....We expect that with these resources some 50,000 workers will not have to be added to the dismissal list as the main effects of the financial crisis are happening."
Exports of textiles to August rose 20% relative to the same period of 2009.
The director of the Honduran manufacturing industry association AHM, Guillermo Matamoros, commented that in addition to the return of 13,000 jobs in the textile sector so far this year it is hoped that by the end of the year 20,000 jobs will have been created.
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