World Courant
TEGUCIGALPA.
He Honduran Nationwide Congress Within the legislative session on Wednesday, the act of adhesion to the Andean Growth Company (CAF) was put to the vote, which was not authorized.
The voting system of the CN registered that 55 deputies voted in favor of the approval of the act of adhesion to the CAF, whereas 69 did so towards it and there was one abstention.
Nonetheless, after the vote was over, the deputy president of the Legislature, Luis Redondo, He assured that they’ll proceed with the bicentennial plan dictated by President Xiomara Castro.
Redondo’s assertion means that regardless of the opposition’s rejection, they’ll ship the decree to affix Honduras to the CAF, it will likely be despatched to the Govt in order that President Castro can sanction it.
WHAT IS COFFEE?
The Growth Financial institution of Latin America or Corporación Andino de Fomento (CAF) because it was beforehand recognized is a multilateral financial institution, with its most important workplace in Caracas, Venezuela, based on February 7, 1968 and goals to turn out to be the inexperienced and blue financial institution , and that of the financial and social reactivation of the area.
On this sense, the congressman Mario Pérez, of the Nationwide Celebration, He assured that if Luis Redondo sends the challenge for sanction (adherence to the CAF) there might be authorized repercussions sooner or later.
On his facet, the vice chairman of the Nationwide Congress, Hugo Noah Pino, who was former president of Central Financial institution of Honduras (BCH), He stated that becoming a member of the Andean Growth Company is useful for the nation.
QUESTIONING PRIOR TO THE VOTE
The legislative session happened amid questions from opposition deputies towards congressmen from the ruling get together represented by the get together Freedom and Refoundation.
Previous to the vote, the consultant of the Salvador Celebration of Honduras (PSH), Claudia Ramirez, He requested to declare the approval of the CAF unconstitutional, as a result of it was first put to a vote after which the decree was mentioned.
WHEN WAS THE CAF DRAFT DECREE APPROVED?
It must be remembered that the decree to stick to Honduras was authorized on Could 16 with 66 votes, together with representatives of Libre and Liberal Celebration (PLH).
Nonetheless, after an intervention by the Minister of the Revenue Administration System (SAR), Marlon Ochoa, who attacked nationalist and liberal legislators, the latter withdrew their assist for Libre and positioned themselves towards the approval of the minutes of that session.
PROFIT OR MORE INDEBTEDNESS?
The CAF, as this multilateral financial institution is thought, might be a brand new supply of financing for the nation’s private and non-private sectors; nevertheless, one of many indications is the excessive rate of interest of the financing in relation to different monetary establishments of improvement such because the Inter-American Growth Financial institution (IDB) and the World Financial institution (WB).
The mixing of Honduras to the CAF has been trapped for no less than two months within the Nationwide Congress.
Opposition stops approval of the act of accession of Honduras to the CAF
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