LatinNews Daily - 30 March 2026

*The international credit rating agency S&P Global (S&P) has improved the credit outlook for Honduras from ‘negative’ to ‘stable’, while confirming its sovereign ratings of ‘BB-/B’. “Reduced political uncertainty in Honduras, following a change in administration in January 2026, translated into significant policy changes, including an increased commitment to fiscal consolidation and a closer relationship with the private sector,” S&P said. It expressed its expectation that the new government led by President Nasry Asfura would “remain committed to fiscal consolidation, following a sharp deterioration of fiscal accounts during the last political transition” but it cautioned that a “relatively weak institutional framework constrains the country’s economic performance” and projected that GDP growth would slow to 3% in the coming years from “the normalization of remittances this year and the impact of external shocks from higher energy prices”. Finance Minister Emilio Hernández expressed satisfaction with the revised outlook, telling reporters that it represented a “clear sign of confidence” in Honduras. “We have to keep working, but we are on the right track,” Hernández added.

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