Jakarta – Recent adjustments to allowances forโ members of the indonesian โขHouse of representatives โข(DPR RI) have ignited publicโ discussionโ and drawn criticism, even โคas officials maintain basic salariesโข remain unchanged. The government’sโฃ decision to increase benefits,โ including allowances for rice, โขfuel, and โฃhousing, has prompted questions about financial accountability and equitable resource allocation.
Understanding the Allowance Adjustments
Deputy Speaker โคof the House, Adies Kadir, confirmed that the โbase salary for DPR members remains at Rp6.5 million per month. โขHowever, several allowancesโ have been โฃrevised upwards. The rice allowance has seen a modest โขincrease, while the fuel โคallowance now stands at approximately Rp7 million, a rise from the previous Rp4-5 million. Furthermore, meal allowances haveโฃ been adjusted to reflect currentโ price indices.
A significant change is the introduction of a โคRp50 million monthly housing allowance, compensating โคmembers for the discontinuation of โofficial housing in Kalibata. This addition substantially increases โthe overall compensation package.
Did You Know? The Indonesianโค DPR RI is a bicameral legislature, consisting of the People’s โRepresentative Councilโ (DPR) and the regional Representative Council โ(DPD).
Total Compensation and Comparison to Regional Peers
With these adjustments, the total โขmonthly income for โDPR members can now exceed Rp100 million. This figure combines the โคbase salary of Rp6.5 million with the increased allowances, โฃincluding the newโ housing benefit. โฃ This has โขled to comparisons with the compensation of parliamentarians in neighboring countries.
Country
Basic Salary โ(Approximate)
Total โคMonthly Income (Approximate)
Indonesia
Rp4.2 million
Rp69-70โ million + Rp50 million housing
Malaysia
Rp61.6 million
Rp99 million
Singapore
N/A (Annual Allowance)
Rp182.8 million
According to data cited by iMoney.my,โ Malaysian Members of โฃParliament earn between RM11,000-16,000 (approximately โRp61.6 million) monthly, โwith total income reaching around RM25,700 (Rp99 million) when including allowances and benefits.Singaporean MPs, however, receive anโ annual allowance of SGD192,500 โฃ(approximatelyโ Rp2.19 billion), equating to roughly Rp182.8 million per month.
Speaker of โthe DPR, Puan Maharani, emphasized that the basic salary has not increased, clarifying that the Rp50 million housing allowance is solely intendedโ as compensation for the loss of official โhousing facilities.
Pro Tip: Understanding the nuances of parliamentary compensation requires considering both base salaries and theโค often-substantial allowances that contribute to overall income.
Public Reaction and Ongoing debate
The increase in allowances has sparked debate among citizens โand advocacy groups, raising concerns about clarity and the prioritization of public funds. Critics argue that the increased compensation is disproportionate to the economic realities faced by many Indonesians. What impactโค will โthese increased โขallowances have on public trust in the DPR? And how โcan greater transparency be ensured in the allocationโ of public โคresources?
The debate โsurroundingโฃ parliamentary compensation is a recurring theme in Indonesian politics. Historically,โ adjustments to allowances have often been โฃmet with public resistance, highlighting โthe needโข for greater accountability and justification for such expenditures. The trend towards increasing โขallowances,evenโฃ with stable base salaries,reflects a broader pattern of shifting โcompensation structures in government. This situation underscores the importance of ongoing dialog between lawmakers โand the public to ensure that financialโ resources are allocated responsibly and in a manner that reflects the needs โคof the โnation.
Frequently Asked Questions
What โขis the basic salary โขof aโข DPR RI member? Theโ basic salary โคremains at Rp6.5 million per month.
what is โthe new housing โallowance for DPR members? Members now receive Rp50โฃ million per month for housing.
How does indonesian โMP incomeโ compareโ toโ Malaysia? Indonesian MP income now exceeds โฃthat of their Malaysian counterparts.
What is the total estimated monthly income of a โคDPR member? It can exceed โRp100 โmillion, includingโข allowances.
Has the basic salary of DPR members increased? โNo, โthe basic salary has remainedโ unchanged.
We encourage you to share this article with your networkโ and join the โconversation in the comments below. Your insights areโค valuableโฃ as we continue to coverโฃ this vital story. Don’t forget to subscribe to our newsletter for โtheโ latest updatesโฃ and in-depthโข analysis.
Hear’s a breakdown of teh provided text, focusing on the key information and potential implications:
Core subject: The text discusses Paco Salazar, a figure associated with the Spanish Socialist Workers’ Party (PSOE) and specifically with Pedro Sรกnchez‘s rise to power.
Key Events and Roles of Paco Salazar:
2012: Obtained a position as a coach in the City Council of Dos Hermanas. June 2017: Requested a “forced leave” (likely a leave of absence). A year later (after Sรกnchez became Prime Minister): occupied an office next to Ivรกn Redondo (former head of Cabinet).2017 Primaries: Played a crucial role in Pedro Sรกnchez’s victory against Susana Dรญaz. He was one of only three people who knew the number of guaranteed signatures for Sรกnchez’s candidacy. He helped organize support from “unhappy militancy” and, along with others, collected a significant number of signatures. Dos Hermanas Mayor (Quico Toscano): Salazar was described as Toscano’s “right hand” and was sent to manage the public racecourse in Dos Hermanas. Post-Ivรกn Redondo: After Redondo’s departure, Sรกnchez sent Salazar to direct a center dedicated to horse racing. Current Situation: Salazar is described as having “fallen out of grace” and is the only “Sanchista of the first batch” who has survived corruption and purges.
Allegations and Denials:
Opposition Denunciation: The opposition denounced that Salazar was receiving a public salary without working. PSOE-A Spokesperson (Agustรญn Morรณn): Denied the allegations,stating Salazar was performing an “organic task altruistically.”
Salazar’s Reputation and Perceptions:
“Altruistic” Organic Task: the PSOE-A spokesperson’s description. “Fanfarrรณn” (Boaster): Hippodrome workers described him in this very way, claiming he boasted about having a direct line to the president. Management of Racecourse: Workers stated his management “passed without penalty or glory,” that he “did nothing” to solve financing problems, and that he “disappeared” after a year. “El Alamo” of Sanchismo: Described as a “resistance bulwark” of Sรกnchez’s movement.
Key Figures Mentioned:
Paco Salazar: The central figure. Pedro Sรกnchez: The current Prime Minister, whose rise Salazar significantly aided.Ivรกn Redondo: Former head of Cabinet, with whom Salazar worked. Susana Dรญaz: The rival candidate in the 2017 primaries. Santos Cerdรกn: Another key figure in Sรกnchez’s primaries campaign.Adriana Lastra: Another key figure in Sรกnchez’s primaries campaign. Josรฉ Luis รbalos: Another figure mentioned in the context of the early Sรกnchez campaign. Gรณmez de Celis: Partnered with Salazar in organizing primary support.Quico Toscano: Historic mayor of Dos Hermanas, Salazar’s former boss. Agustรญn Morรณn: Spokesperson for the PSOE-A.themes and Implications:
political Patronage and Loyalty: The text highlights Salazar’s rise through the ranks, seemingly tied to his loyalty and support for Pedro Sรกnchez. “Sanchismo” and its Inner Circle: Salazar is presented as a foundational member of the “Sanchista” movement, and his current “fall from grace” suggests internal shifts or consequences within the party.Allegations of Misuse of Public Funds/Positions: The opposition’s claims about Salazar receiving a salary without working are a significant point of contention. The Role of Local Politics: Salazar’s origins in Dos Hermanas and his work within its city council are emphasized. The dynamics of Power and Survival in Politics: The text contrasts Salazar’s early importance with his current diminished status, suggesting the precariousness of political careers.
In essence, the text paints a picture of Paco Salazar as a loyal operative who played a vital role in Pedro Sรกnchez’s political ascent, but whose career has since faced scrutiny and a decline in influence, despite his early importance.
Jakarta – Indonesian political parties are set to gather and discuss the implications of the Constitutional Court’s (MK) recent decision to separate national legislative elections (DPR, DPD) from regional legislative elections (DPRD). Puan Maharani,Speaker of the Indonesian Parliament and Chairperson of the PDI Perjuangan DPP,announced the upcoming discussions on Tuesday,July 1,2025,at the Parliament Complex in Senayan,Central Jakarta.
Maharani emphasized that this was not solely the stance of PDI-P but a matter of concern for all parties, given the constitutional mandate for elections every five years. The discussions aim to formulate an official response from the DPR regarding the court’s decision.
Political Parties to Unite on Election Decision
According to Maharani,all political parties will convene after considering input from both the government and community representatives. The DPR, representing political parties through their respective factions, will then voice their opinions, contributing to the collective stance of the parliament.
Did You Know? Indonesia held its most recent general election on February 14,2024,marking the largest single-day election in the world,with over 204 million eligible voters [1].
Consultations Underway, No Final Decision Yet
The DPR leadership and commission representatives have already initiated consultation meetings with the government. However, Maharani clarified that the DPR has not yet reached a final decision on how to respond to the Constitutional court’s ruling.
The Constitutional Court’s decision introduces a change in the election process, specifically concerning the regional head and DPRD member elections. The DPR has received input from the Ministry of Home Affairs and other governmental bodies but remains in the observation phase, carefully considering proposals from various stakeholders.
Despite the significant implications of the ruling, Maharani confirmed that there are currently no plans to establish a special committee dedicated to addressing the election matter. The DPR is prioritizing a thorough review of all perspectives before making a definitive decision.
Key Considerations for Political parties
impact of the Constitutional Court’s decision on election logistics and resources.
Potential effects on voter turnout and participation in regional elections.
Alignment of party strategies with the revised election framework.
Pro Tip: Political parties often use internal polling data and focus groups to gauge public sentiment and refine their platforms in response to major policy shifts.
Election Timeline considerations
The separation of national and regional elections could lead to adjustments in the overall election timeline. The General Election Commission (KPU) will need to develop a revised schedule that accommodates the new framework while ensuring a smooth and efficient electoral process.
Election Type
Previous Schedule
Potential Adjustments
National Legislative (DPR,DPD)
Combined with Regional
To be held separately
Regional Legislative (DPRD)
Combined with National
To be held separately
Presidential
Concurrent with Legislative
Likely unaffected
The KPU is expected to announce the updated election timeline following consultations with political parties and relevant government agencies [2].
Will the separation of national and regional elections lead to increased voter engagement in local issues? How will this decision impact the strategies of political parties in the upcoming elections?
Indonesia’s electoral landscape has undergone significant evolution since the country’s transition to democracy in 1998. The separation of national and regional elections represents a notable shift in the electoral framework, potentially impacting the dynamics of political representation at both levels of government. Historically, Indonesian elections have been characterized by high levels of voter participation and a diverse range of political parties vying for power.The constitutional Court’s decision reflects ongoing efforts to refine the electoral process and address challenges related to efficiency and representation.
Frequently Asked Questions
Why did the constitutional Court decide to separate national and regional elections?
The Constitutional court’s decision was based on legal considerations and aimed to address potential issues related to the efficiency and fairness of combining national and regional elections.
How will the separation of elections affect political parties in Indonesia?
Political parties will need to adapt their strategies to effectively compete in separate national and regional election cycles, potentially requiring adjustments to resource allocation and campaign messaging.
What is the role of the DPR in responding to the Constitutional Court’s decision?
The DPR, representing political parties, will play a crucial role in formulating an official response to the constitutional Court’s decision and potentially enacting legislation to implement the changes.
When will the updated election timeline be announced?
The General Election Commission (KPU) is expected to announce the updated election timeline following consultations with political parties and relevant government agencies.
what are the potential benefits of separating national and regional elections?
Potential benefits include increased focus on local issues, greater voter engagement in regional elections, and improved efficiency in the overall electoral process.
Share your thoughts on the Constitutional Court’s decision and its potential impact on Indonesian politics in the comments below. Subscribe to World Today News for the latest updates on this developing story!
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The economic expert Roberto Lagos explained that this increase in the MPR will make the active interest rate on loans given by national banks even more expensive.
The recent increase in Tariff Policy (TPM) changed so far +5.75% compared to yesterday Central Bank of Honduras (BCH), Credit in the financial system will be adversely affected by consumers, who will face higher interest rates, economic experts warn.
The TPM This is the minimum reference rate established by the BCH for loans offered by banks to individuals and companies in Honduras.
This increase in the MPR represents a cumulative increase of 275%. In August, the BCH changed the rate by 100 percent points, raising it from 3% to 4%, and on October 24th he did an additional change of 175 points, bringing it to 5.75%.
Expert economics Roberto Lagos explained in TN5 Morning News, on Saturday, October 26, that this increase in the TPM will make the active interest rate of credits provided by national banks.
โExpensive loans mean less investment and, with less investment, there is less job creation. These are the costs we will bear,” Lagos said.
Between August and October, the average interest rate for bank loans increased by around 2%.
In the agriculture, livestock and services sector, the average interest rate is between 15% and 16%, in the commercial sector it reaches 14.82%, and for consumption it reaches almost 17%, according to official BCH figures.
The progressive
However, Lagos insists that the increase in TPM It also has positive effects, such as increasing passive interest rates for savers.
“There are also winners. Savers will have a higher interest rate on their investments,” Lagos said.
In addition, he emphasized that these monetary measures are necessary for Honduras, due to the constant fall in net international reserveswhich has decreased by almost 2 billion dollars since the beginning of the current government.
Nevertheless, the economist questions whether the Economic cabinet The Honduran government applies these measures at the wrong time, without considering the impact on investors’ expectations.
“The Economic Cabinet implemented neoliberal policies in their purest definition,” Lagos said.
Incremental changes, what is appropriate
Similarly, Lagos pointed out that, unlike Honduras, other countries of Central America and global economies with an inflationary crisis gradually changed their monetary policies, an approach that, according to him, should have been implemented in this country since the beginning of the current administration.
The new amendment to the MPR was approved while the Economic Cabinet took part in the annual Education meeting International Monetary Fund (IMF) and World Bank (WB).
Secretary of Finance, Christian Duarteannounced at this meeting Honduras received almost 500 million dollarswhich will be allocated to social and productive investment projects promoted by the government.
“These 500 million dollars are not free,” he warned Roberto Lagos.
“Stupid measures,” said an economist
While the economist Carlos Urbizo said that the monetary measures implemented by the BCH are “crazy” and “radical” because they do not encourage production and consumption in a way that has enough growth in the economy.
“Here there is no kind of monetary measure that is consistent with economic reality, much less fiscal,” he said on TN5 Matutino.
The Press Workplace of the Ministry of Public Well being issued the next assertion: “The ministry adopted up on the data that was circulating concerning the demise of a Lebanese girl after she employed an organization to spray pesticides in her dwelling. The Ministry has opened a medical and scientific investigation to find out the true causes of demise and primarily based on the requirement that public opinion be notified of the outcomes as quickly as they’re printed as quickly as doable. “
The juniper herb, known by the scientific name Juniperus communis L., is one of the aromatic herbs taken from an evergreen tree.
Juniper berries form a female seed cone, which, along with the herb itself, is used as a potential treatment for various medical conditions.
Juniper is a rich source of nutrients and powerful plant compounds that promote overall health.
Its many and varied benefits make it possible to use it in the treatment and prevention of many diseases. However, you should consult a specialist doctor before you start taking it for medical reasons
Juniper herb increases the rate of urine output, which increases the process of eliminating toxins and waste from the body.
It also helps to reduce the symptoms of edema and lower blood pressure, which contributes to improving the health of the urinary system in general. Benefits of anti-inflammatory juniper herb
Juniper herb has anti-inflammatory properties, which help reduce inflammation and relieve pain. It also has antiseptic and antimicrobial properties, which help fight pathogenic bacteria and fungi.
Antioxidant benefits of juniper herb: Juniper herb reduces the risks that may be caused by free radicals in the body, through its antioxidant properties. It also contains compounds that contribute to neuroprotection and improve digestive health, in addition to the anti-cancer effect.
Juniper is an aromatic herb with various therapeutic benefits and promotes general health. However, you should consult a specialist doctor before taking it for medical reasons.
They are high in nutrients and powerful plant compounds, making them a good source of vitamin C, which is essential for promoting immune health and improving blood vessel function.
