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Latin American Weekly Report - 24 October 2019 (WR-19-42)

TRACKING TRENDS

HONDURAS | FDI down 39.3%. In a press conference on 15 October Wilfredo Cerrato, the president of the Honduran central bank (BCH), reported that foreign direct investment (FDI) in Honduras in the first half of 2019 was US$242m, a 39.2% decline compared with US$411m registered in the same period in 2018. He attributed the fall to low economic growth, a slowing economy (GDP growth was 1.9% in Q2 2019, year-on-year, down from 3.5% in Q1), and the crisis affecting the country due to the ongoing protests calling for the resignation of President Juan Orlando Hernández.

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