LatinNews Daily - 18 October 2021

In brief: Honduras’ foreign debt shrinks slightly

* Honduras’ central bank (BCH) has released new figures which show that the country’s foreign debt (public and private combined) totalled US$10.82bn in August this year. This is down from the US$10.98bn recorded at the close of last year, in December 2020, but up slightly from the US$10.78bn recorded a year earlier, in August 2020. Of the total amount of Honduras’ foreign debt, US$9.02bn corresponds to public sector debt, and US$1.8bn to the private sector. The majority of Honduras’ public debt corresponds to obligations in US dollars (81.9%); 14% corresponds to special drawing rights (SDRs) awarded by the International Monetary Fund (IMF); 3% of the total is held in euros; and 1.1% is held in other currencies.

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