Remittances in Honduras exceed $2 billion
Monday, October 20, 2008
In September, the remittances registered an increase of 9.4% with respect to the same period in 2007, according to a preliminary report of the BCH.
Honduran economic authorities and international agencies warn that the impact of the United States financial crisis is reflected with greater strength in the remittances in 2009.
The BCH calculates that in 2008 the total remittances will reach about 3 billion dollars.
Source:Proceso Digital
Source:Proceso Digital
More on this topic
Remittances for $13.06 billion to Central America in 2011
March 2012
By country: Guatemala $4.37 billion; El Salvador $3.65 billion; Honduras $2.86 billion; Nicaragua $1.05 billion; Panama $592 millions; Costa Rica $530 millions.
Inter-American Development Bank Report:
Remittances to Honduras increased 7.3% in 2008
January 2009
Remittances sent to Honduras totaled $2.7 million, according to the Central Bank of Honduras (BCH).
Proceso Digital reports on its website: "Despite the increase, it was less in 2007-2008 than in 2006-2007, when it was 11.6%, it was said.
El Salvador receives $3.8 billion in remittances
January 2009
In 2008 there was an average monthly income of $315.6 million, higher than the $307.9 average for 2007.
Elsalvador.com reports: "Salvadorans who reside abroad sent $3.78 billion to their families at home in 2008, an increase of 2.5%, the Central Reserve Bank (BCR) reported on Tuesday.
No growth in remittances to Honduras in 2009
December 2008
The Central Bank of Honduras (BCH) estimates that in 2009 the growth in remittances will be 0% compared to this year.
As of December, the BCH estimates that income from remittances will be $2.7 billion, an increase of between 8 to 9% compared to the same period in 2007.
Key entities
Central Bank of Honduras
Insight
Economics
RELACIONADO
Central Bank of Honduras
Central Banking
Economics
Remittances
monetary policy
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