Weekly Report - 09 February 2023 (WR-23-06)

HONDURAS: Castro pledges tax system overhaul

Honduras’s President Xiomara Castro recently has marked her first year in office for the leftist Partido Libertad y Refundación (Libre). In her state-of-the-nation address presented on 30 January, Castro highlighted various achievements, some of which related to her election-winning pledge to tackle corruption after 12 years of rule by the conservative Partido Nacional (PN), whose two-term president Juan Orlando Hernández (2014-2022) was extradited to the US last April on weapons and drugs related charges. Highlighting the parlous state of public finances that she had inherited, Castro also pledged to overhaul the tax system, while underlining that no new tax increases would be introduced.

End of preview - This article contains approximately 474 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.