LatinNews Daily - 13 December 2021

In brief: Honduras’s legislature approves 2022 budget

* Honduras’s 128-member unicameral legislature has approved the government’s proposed 2022 state budget for L308bn (US$12.75bn), up from L288bn approved for 2021. Of the L308bn, L179bn will go on central government and L128bn for decentralised administration. Honduras’s finance minister Luis Matta told reporters that the budget includes resources assigned for health, education, and public investment aimed at contributing to job generation, human development, and economic reactivation following the damage caused by the coronavirus (Covid-19) pandemic and impact of the storms Eta and Iota which made landfall in November 2020, all of which caused the economy to contract 9% in 2020.

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