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Honduras
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Honduras is one of the poorest and least developed countries in the Western Hemisphere. Agriculture is the mainstay of the economy. The country’s extreme dependence on the export of agricultural products with constantly fluctuating world prices has made the economy highly unstable. The government sought to diversify the economy during the 1990s by developing tourism, new agricultural exports, and manufacturing industries based on assembly of clothing and textiles for export. Despite some success in these areas, unemployment has remained high. Devastation caused by Hurricane Mitch in 1998 delivered a major setback to the country’s development.
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Honduras This Week is an English language weekly newspaper published 51 Saturdays a year. In addition to a concise review of the top news events making headlines in Honduras each week, HTW ... features in-depth reports on subjects of interest to the international community. With a special emphasis on tourism, culture and the environment, HTW is also an excellent source of information on economic, development, human rights, diplomatic and judicial affairs.
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Honduras has the fourth lowest fixed-line penetration in Latin America. The government pledged to increase telecom competition prior to the market’s full liberalisation scheduled for December 2005. In September 2003, it launched the ‘Telephony For All’ program, which allows new operators to provide local telephone services by becoming partners of Hondutel, the state-owned fixed-line incumbent. Millicom subsidiary Celtel was the only mobile operator until late 2003. Mobile telephony received a boost in 2004, following the November 2003 launch of a second mobile provider, Sercom (then known as Megatel), and the entry of América Móvil into the Honduran market when it acquired 100% of Sercom in June 2004. Get this report now.
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Honduras has extensive forest, marine, and mineral resources, although widespread slash and burn agricultural methods continue to destroy Honduran forests. Unemployment is estimated at around 28%. The Honduran economy grew 4.8% in 2000, recovering from the Mitch-induced recession (-1.9%) of 1999. The Honduran maquiladora sector, the third-largest in the world, continued its strong performance in 2000, providing employment to over 120,000 and generating more than $528 million in foreign exchange for the country. Inflation, as measured by the consumer price index, was 10.1% in 2000, down slightly from the 10.9% recorded in 1999. The country's international reserve position continued to be strong in 2000, at slightly over $1 billion.
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Bishop John B. Chane of Washington and Bishop Lloyd Allen of Honduras have invited their Dioceses to join in a formal companion relationship for the next three years. In Honduras, the newly formed Anglican Global Relations Committee, comprised of parishioners, will guide the relationship, as it does with other American dioceses and non-profit Groups. It will work with the Honduras Committee of the Diocese of Washington whose members are listed on the back of this brochure.
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In 1821 Honduras, along with other Central American countries and Mexico, declared its independence from Spain. Soon afterward Mexico annexed Honduras and the other countries of Central America. In 1823 the regime in Mexico collapsed, and Honduras joined its neighbors in forming the United Provinces of Central America. Political dissension between the conservative Spanish aristocracy and the more liberal intellectual and Creole landowners soon became evident. (Creoles were people of Spanish ancestry born in the Western Hemisphere.) In Honduras the bitter rivalry between conservatives and liberals was reflected in violent quarrels for supremacy between the mostly conservative city of Comayagua and the more liberal city of Tegucigalpa.
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