In the scenario of the health crisis and the decreed quarantine, it is reported that as of April, the balance of savings deposits of individuals amounted to $5,283 million, 15% more than the same month in 2019.
At the beginning of the year the authorities of the Central Bank of Honduras (BCH) estimated that for this year deposits in the financial system would increase by about 8%, however, this figure has almost doubled.
In recent weeks, the country's financial system has seen a considerable drop in the lending rate on new loan operations, which is partly explained by the reduction in the Monetary Policy Rate.
According to reports from the Central Bank of Honduras (BCH), between March 9 and April 10, 2020, the rate fell from 14.81% to 10.31%. This fall is being recorded in the context of the health crisis caused by the outbreak of covid-19.
With the reform proposal to the Law of Free Zones presented to Congress, it is intended to reduce from 20 to 10 the requirements that must be met to approve a new free zone.
After several months of working on the proposal to make changes to the law, the file was submitted to the legislative chamber and prepared by the Honduran Maquiladora Association (AHM), the Ministry of Finance, the Central Bank of Honduras and the Ministry of Economic Development (SDE).
From January to August of this year, the country received $3.791 million in family remittances, an amount 12% higher than that reported in the same period in 2018.
According to figures from the Central Bank of Honduras, between the first eight months of 2018 and the same period this year, the flow of family remittances grew by $391 million, from $3.4 billion to $3.791 billion.
From January to July of this year, the country received $3.125 million in family remittances, an amount 12% higher than that reported in the same period in 2018.
According to figures from the Central Bank of Honduras, between the first seven months of 2018 and the same period this year, the flow of family remittances increased by $325 million, from $2.800 million to $3.125 million.
Because of the opening of new markets, during the 2018-2019 harvest the country sold $110 million abroad, exceeding by 53% the value exported in the previous cycle.
According to data from the Central Bank of Honduras, between the 2017-2018 and 2018-2019 harvests, the value of melon exports increased by $38 million, from $72 million to $110 million.
Arnaldo Castillo, secretary of Economic Development, explained to Laprensa.hn that one of the factors contributing to this rise was "... the opening of new markets for melon. The countries incorporated as destinations for this fruit are Japan, Taiwan, Mexico, Dubai and Singapore."
In the first six months of this year, the country received $2.685 million in family remittances, an amount 11% higher than that reported in the same period in 2018.
Figures from the Central Bank of Honduras show that between January and June 2018 and the same period this year the flow of family remittances grew by $266 million, from $2.419 million to $2.685 million.
In the first five months of this year, the country received $2.346 million in family remittances, 9.6% more than in the same period in 2018.
Figures from the Central Bank of Honduras show that between January and May 2018 and the same period this year the flow of family remittances grew by $206 million, from $2.140 million to $2.346 million.
Although a 3% increase in Foreign Direct Investment flows to Honduras is projected for 2019, this increase would be determined by reinvestments of companies already installed in the country, and not by the arrival of new capital.
According to data from the Central Bank of Honduras, in recent years in the country the flow of Foreign Direct Investment (FDI) has ranged between $1,000 and $1,250 million.
In the first four months of this year, the country received $1.698 million in family remittances, 6.4% more than in the same period of 2018.
Figures from the Central Bank of Honduras show that from January to April of this year the country received family remittances of $1.698 million, a figure that is $103 million higher than the $1.595 registered in the first four months of 2018.
From January to March of this year, the country received $1.185 million in family remittances, an amount 10.1% higher than that reported in the first quarter of 2018.
Figures from the Central Bank of Honduras indicate that during the first three months of this year the country received family remittances of $1,185 million, a figure that is $109 million higher than the $1,076 registered in the first two months of 2018.
In the first two months of 2019, the country received $776 million in family remittances, an amount 12% higher than that reported in the same period of the previous year.
According to figures from the Central Bank of Honduras, during the first two months of this year the country received family remittances of $776 million, a figure that is $85 million higher than the $691 registered in the first two months of 2018.
In the first month of 2019, the country received $402 million in family remittances, 17% more than in January of the previous year.
According to figures from the Central Bank of Honduras, during January of this year the country received family remittances of $402 million, a figure that is $60 million higher than the $342 registered in the same month of 2018.
From January to November 15th of this year, family remittances received from the Central American country totaled $4.265 million, 10% more than what was reported in the same period of 2017.
The most recent figures from the Central Bank of Honduras show that between January 1st and November 15th, 2017 and the same period this year, the flow of remittances sent to the country increased by $372.6 million, from $3,892.3 million to $4,264.9 million.
During the first eight months of 2018, remittances received from abroad totaled $3.214 billion, 3% more than in the same period in 2017.
According to figures from the Central Bank of Honduras (BCH), between the first eight months of 2017 and the same period in 2018, the country increased the volume of remittances received by $97 million, rising from $3.214 billion to $3.117 billion.