Honduras Qualifies as a candidate of HIPC status
President Carlos Roberto Flores informed the nation that
as of December 14, the International Monetary Fund had approved
Honduras to qualify for the Highly Indebted Poor Country status.
This means that our country has been considered as heavily
burdened with our foreign debt without a realistic hope of
ever getting out of this vicious circle created from debt.
As a result of this status, Honduras can now apply to have
an important percentage of its debt condoned as long as the
monies that where to be used to pay the interests and capital
are applied to specific programs aimed at reducing poverty
while controlling the economy to insure that it develops within
a free market frame.
Honduras, as such, is the third Latin American country to
qualify for this status; Bolivia and Nicaragua have previously
made it to this select club. Qualifying for the HIPC status
is an important achievement for the current administration,
however, it in no way means that hard times are over. An easy
and close example is Nicaragua, who is in danger of losing
the status due to poor management of funds amidst charges
of corruption within the Aleman administration. It does however
mean that with careful administration and a special effort
to manage funds in a transparent manner there will be a light
at the end of the tunnel for the many Hondurans that live
at the edge of poverty.
Funds will be funneled to improve education, health and infrastructure,
with close supervision from the International Monetary Fund.
One thing is clear, it is not time to rejoice and claim victory,
it is time to take advantage of the opportunity and work even
harder than ever to insure that we can make the best of this
historic chance that has presented itself to help pull Honduras
out of the horrific lack of development that has characterized
our country in the past.
On December 15th, the World Bank also approved the status
of Honduras as eligible to the HIPC benefits. With this, the
road to getting free of the debt that is strangling the Honduran
state is well on its way to becoming a reality.
New Bridges Approved for the North Coast
The Swedish Cooperation agency has committed to build four
bridges within La Ceiba. After several months of geological
studies, they determined that what was left of the Rio Bonito
was not stable and investment to rebuild it would not be wise.
Instead, it has been determined that a totally new bridge
will be built at an alternate location. The same can be said
for the Rio Perla Bridge, which suffered serious damage during
the floods caused by Mitch and those that Tropical Storm Katrina
caused last month. Here, the proposed new bridge would alter
the roads path, since it has been agreed that the road should
continue on the shoulders of the Gracias A Dios Mountain Range
instead of the floodplain where it currently stands.
The Cangrejal River will also see two new bridges. To replace
the ones destroyed and damaged by Mitch. Both, the old Cangrejal
River Bridge, originally built for the railroad almost 100
years ago and the Saopin Bridge will be completely replaced.
Work began last week on the stretch of the Saopin Bridge lost
to Hurricane Mitch last year. A Bailey bridge was being assembled
and expected to become a more permanent solution to the landfill
that has presently allowed traffic over the Saopin Bridge,
which suffered additional damage last month due to the heavy
rains that battered the north coast of Honduras.
It is reported that the Swedish Cooperation Agency insisted
on contracting and supervising the construction directly,
in order to insure that the final construction will meet international
specifications. Many Thanks to Sweden for their assistance
to rebuild this important part of infrastructure in the North
Coast of Honduras.
|
 |
Efforts to improve the airports throughout the country have
finally met with results
Let us start in the Bay Islands!
The runway at Guanaja, which had been in pathetic conditions
for a long time and resulted in numerous near calls from different
flights into this island, has finally been resurfaced. After
building draining ditches, a local Honduran corporation was
hired by SOPTRAVI to repair the runway. Special efforts had
to be made to insure that the island would not lose its air
service while construction work was in progress. (The marine
ferry service that was operating to Guanaja twice a week from
La Ceiba was cancelled earlier this year after Safeway Marine
Company succeeded in putting their competition out of business).
Although the work was not officially inaugurated yet, the
runway is now in full use. With it Guanaja has just become
a much safer destination to fly into.
Another of the Bay Islands, Utila, has just seen its landing
strip totally repaired. The normally rough landing there was
replaced by a comfortable landing experience (although it
must be stated that this is a "rather sporty" landing strip.
Machinery is in place in Utila and it is expected that work
to apply an asphalt surface will soon begin.
Roatan, the largest of the Bay Islands, has the only true
international airport terminal of this insular department.
Although the airport has been in service for a long time,
receiving jet services, the facilities have been improved
during this year to allow the arrival of intercontinental
flights. Runway lights, BOR and an extension to the runway
that gives it a total length of 2,300m where all finished
earlier this year. As a result, Air Europe, a Europe based
charter airline began operations once a week under contract
for Grandi Viaggi, an Italian wholesale charter operator who
invested in the Henry Morgan Resort in West Bay Beach, Roatan.
Weekly arrivals are scheduled throughout the year on Tuesdays
with service non-stop to Roatan from Milan.
Back to the mainland of Honduras: In San Pedro Sula, a mayor
remodeling of the airport is under way and will include escalators
to access the restaurant cafeteria located on the third floor,
elevators for handicapped passengers and an extended counter
area for airlines, since the current section is totally saturated.
La Ceiba's airport is also under a face-lifting process, which
will make it more comfortable and spacious. It might be added
that this airport is easily the one with more domestic traffic
in the country, since most flights to the islands and the
remote Moskitia region originate here.
|