Honduras: State Near Financial Collapse
Friday, October 4, 2013
In various departments state officials are owed wages, and at the same time there is increasing pressure from others to be granted increases in their salaries.
Among the sectors that have been affected are employees in the Health department, the Honduran Telecommunications Company (Hondutel), the Public Ministry and the National Police.

For example, the Ministry of Health owes $3.5 million to 672 doctors on contracts nationwide, most have not been paid since January. Another nearly $5 million is owed to nurses and assistants in back wages and some shifts.

In addition, it is rumored that Hondutel accounts have already been foreclosed, meaning that there are no resources for fuel nor wages paid to its employees.
More on this topic
Basic Services: Honduras Will Not Suspend Collections
March 2020
In contrast to the measures taken by some neighboring countries, the government reported that at the local level, charges for water, electricity, Internet and telephone services will not be suspended.
Authorities argued that at the moment it is not possible to postpone payments, as few basic services are provided by the government in the country.
Inevitable Reforms to Wages and Public Pensions
November 2013
"Costa Rica is the only country in the region where the salaries of public employees exceed those of the private sector."
An editorial in Nacion.com discusses Central Government schemes for salaries and pensions, describing them as "nothing short of chaotic and unsustainable."
Trust For Payroll of Public Workers
November 2012
The president of Honduras is inviting bids for the administration of a trust for the timely payment of wages of state officials.
Elheraldo.hn reports that President Porfirio Lobo said that "This measure is intended to end the constant strikes by institutions and workers' protests because of non-payment of wages and other benefits enjoyed by government employees. '
Honduras: Threats to Stop Government Projects
March 2011
Construction companies are threatening to paralyze public works due to the government´s default in the payment of nearly $ 52 million.
The Honduran Chamber of Construction is inviting its members to a meeting next week to discuss the situation.
Key entities
Government of Honduras Secretaría de Salud (Honduras) Empresa Hondureña de Telecomunicaciones Public Ministry of HondurasPolicía Nacional de Honduras
Government Public Finance Economics
Public Finance
public spending
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