• Most Popular
  • Most Shared

Honduras says frozen loans will cost $200 mln in '09

Fri Jul 10, 2009 1:56pm EDT

TEGUCIGALPA, July 10 (Reuters) - The finance minister of an interim government in Honduras, Gabriela Nunez, said on Friday the suspension of Inter-American Development Bank and World Bank loans would cost the country $200 million in 2009.

The international lenders froze all loans for development programs in the impoverished coffee and textiles-producer following the June 28 ouster of President Manuel Zelaya. (Reporting by Juana Casas; Editing by Catherine Bremer)





More from Reuters

Photo

House Democrat says still short on health votes

WASHINGTON (Reuters) - White House officials on Sunday confidently predicted quick final passage of healthcare reform but a top Democratic vote-counter said they still need to line up more support in the House of Representatives.

A home sits for sale in Geneva, Illinois June 23, 2009. REUTERS/Jeff Haynes

"Cash for keys" to buy homes

A hot new loan-selling business is freeing Americans from crushing debt and enticing mortgage investors hungry for a deal.   Full Article 

A passenger stands in front of the main board in the departure hall at Frankfurt airport July 28, 2008.

Paying for the right to choose

It's one thing to have to pay for extra baggage, but no fee irks airline travelers more than this.  Full Article