Congress authorized the Finance Secretary to sell additional bonds in the securities market.
These resources will be used to fund an enlarged budget (6.300 million lempiras, $333 million).
“The decree was passed on Wednesday night, under the premise that the government must comply with all its unpaid obligations from the 2009 exercise”, explained Laprensa.hn.
Proposals from Fosdeh (Social Forum on Foreign Debt and Development in Honduras) to the Honduran Congress.
“The economic, social and political crisis in the country has never been as evident and generalized as now, and we’ve never had such a thin margin for errors as we do now. We urgently need to reach consensus through real dialogue”.
FOSDEH calls on the Honduran congress to develop a realistic budget, in coordination with an Anti-crisis Plan, “to assist in visualizing investment priorities and builds the basis to harmonize our long term budget with a Country Plan developed through consensus”.
The Congress of Honduras ratified the withdrawal of the country from the Bolivarian Alternative to the Americas (ALBA).
Interim president Roberto Micheletti had sent the executive decree on December 2009.
"Rafael Pineda, presidential minister, had explained that the withdrawal from ALBA doesn't imply suspending commercial relations with the countries which compose the block", reported Proceso.hn.
With 111 votes against and 14 in favor, Congress ruled out reinstating deposed president Manuel Zelaya.
The debate lasted over 9 hours, in which Congress members heard reports from the Supreme Court of Justice, the Public Ministry, the General Attorney and the Human Rights Commissioner.
"Congress rejected the fifth item of the Agreement signed by both Zelaya's and Micheletti's delegations on October 30th.
The Honduran Congress is discussing whether to reinstate deposed president Manuel Zelaya.
If approved, Zelaya would be put back in office until Porfirio Lobo, the new president elect, takes office.
"The Congress' plenary, composed of 128 representatives, must discuss the 5th point of the Tegucigalpa/San José agreement, signed by Zelaya and Micheletti's government, sponsored by the United States", reported Epa.
The new legislation will regulate public trials in civil matters.
An improvement in legal certainty is sought with the adoption of the new Code.
Laprensahn.com published: "The Code of Civil Procedure was adopted in January 2006 and it was not published in the newspaper La Gaceta until May 26, 2007 so that it could enjoy two years of "vacatio legis" (a deferment of coming into force of law) so that legal professionals could be trained in the law’s content and it could be socialized among the Honduran population."
The National Quality System Law that was recently approved by Congress strengthens companies in the area of certification.
What stands out the most in the new law, which was drafted with the support of specialists from the Institute of Metrology of Germany, is the creation of the Quality Institute, forcing the state to allocate funds for the development of metrology, accreditation and standardization mechanisms.
Part of the credit is to be utilized for highway repair and maintenance and for infrastructure projects.
Laprensa.hn publishes in its website: "The majority of contracts were found to be on-hold until finally the review commission of the National Congress gave them the green light to go ahead."
Honduras joins the Bolivarian Alternative for American Countries, a club promoted by Venezuela and Cuba.
On October 9th the Honduran Congress ratified the country’s membership in the Alternativa Bolivariana para los pueblos de nuestra América (ALBA, Bolivarian Alternative for American Countries), a regional grouping promoted by Venezuela and Cuba.
There was initial resistance from most legislators, including the members of the ruling Partido Liberal (PL) and the opposition, who were concerned that ALBA was part of the strategy of the Venezuelan president, Hugo Chávez, to increase his political influence in Latin America. However, most Honduran legislators changed their positions between September 9th, when the bill was introduced, and the actual vote. Only the opposition Partido Nacional (PN) abstained.