Global Banking Monitor

Monday, September 16, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...
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IMF Forecasts Slower Economic Growth of Around 3% for Honduras in 2023

By Pete Sadler
Photo by Ralph (Ravi) Kayden on Unsplash

Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing to fewer remittances and pressures on the energy and farm sectors stemming from drought conditions.

The Central American country’s economy expanded by 4% last year, according to official data, and the government has forecast gross domestic product growth of between 3.5% and 4.0% this year.

Read More : IMF Forecasts Slower Economic Growth of Around 3% for Honduras in 2023

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