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LatinNews Regional Monitor: Caribbean & Central America - 16 October 2019

In brief: Honduras FDI down 39.3% in H12019

* In a recent press conference, Wilfredo Cerrato, the president of the Honduran central bank (BCH), reported that foreign direct investment (FDI) in Honduras dropped 39.3% to US$242m in the first half of 2019 compared with US$411m in the same period in 2018. According to Cerrato, the drop is due to low economic growth, a deceleration of the economy (GDP growth was 1.9% in Q2 2019, year-on-year, down from 3.5% in Q1), and the crisis affecting the country as a result of protests calling for President Juan Orlando Hernández to step down.

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