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Article: HONDURAS' DE FACTO REGIME PASSES A BUDGET AS THE INTERNATIONAL COMMUNITY CUTS OFF FINANCING SOURCES.
- Article from:
- NotiCen: Central American & Caribbean Affairs
- Article date:
- September 10, 2009
CopyrightCOPYRIGHT 2009 Latin American Data Base/Latin American Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The de facto Roberto Micheletti regime in Honduras is proceeding internally as if it were a legitimate government, this week passing the 2010 budget through the legislature. Finance Minister Gabriela Nunez announced a package priced at the equivalent of US$6.3 billion. The breakdown gives the central government US$3.58 billion, while decentralized institutions get to spend US$2.72 billion. The amount is 5.9% higher than the 2009 budget promulgated by the elected government of President Manuel Zelaya. Zelaya remains in exile following his ouster by coup on June 28.
Where the money will come from is another matter. Funding sources have barred their doors to the ...