Global Courant 2023-04-21 11:22:57
The balance of the public debt denotes a strong increase in the last three years. At the end of 2019, 12,149 million dollars were recorded, according to figures from the Finance Secretary (Sefin).
By December 2022, the balance increased to 16,817.6 million dollars. In three years the increase in public debt has risen by 4,668.6 million dollars.
In relation to Gross domestic product (GDP) of Honduras, the balance of public debt went from 48.4% to 53.3% in the last three years.
In the 2017-2019 period, the balance increased from 10,928.1 to 12,149 million dollars, equivalent to 1,220.9 million dollars.
Besides
The State endorses the acquisition of more debt from Enee in the order of 15,051 million lempiras, a company that seeks to get out of the financial quagmire in which it has been for many years. That company owes almost 17,000 million lempiras to private generators alone.
sources of the General Directorate of Public Credit of the sefin explained to THE PRESS that the impact of the covid-19 pandemic on the Honduran economy, especially in tax collections, has been reflected in a greater contracting of public debt to finance the budget of income and expenses of the government.
Composition
The report of the sefin indicates that the Honduran government has resorted to more internal than external debt to cover spending. In this sense, in the 2019 period the balance of internal debt increased from 4,829.9 to 8,147.4 million dollars, that is, 3,317.5 million more. This was reflected in a rise with respect to the Honduras GDP going from 19.2% to 25.8%.
However, the balance of external public debt went from 7,319.1 to 8,670.2 million dollars, with an increase of 1,351.1 million dollars. However, in relation to the GDP a reduction from 29.2% to 27.5% was reported.
more debt
The sefin it continued in 2022 to go into debt. 1,309 million dollars were contracted. The new resources are for the management of natural disasters, 510 million dollars; energy sector, 250 million; modernization of State, 200 million; budget support, 195 million; and agribusiness, 136 million, among others.
