LatinNews Daily - 25 July 2023

In brief: Honduran experts forecast lower GDP growth for 2023

* Honduras’s central bank (BCH) has released a new survey of economic experts (EEAM) which forecasts that the country’s GDP will grow 3.3% in 2023, down from GDP growth of 4% in 2022. The survey attributes growth to stable monetary and exchange rate policies, the end of the coronavirus (Covid-19) pandemic, and timely macroeconomic policy implementation. However, it says that the forecast drop in growth owes to a reduction in foreign investment and limitations regarding the execution of public investment. It also cites as factors causing uncertainty for investors, adverse climate conditions and the potential rationing of energy supplies due to the Russia-Ukraine conflict.

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