According to ehistorylib, in 2005, Honduras had a population of 6.8 million people and a GDP of $13.7 billion. The economy was largely based on agriculture and the export of coffee, bananas, and seafood, with manufacturing playing a minor role. The country faced high unemployment rates and poverty levels, with approximately 60% of the population living below the poverty line.
Foreign relations in 2005 were primarily focused on Honduras’s relationship with its Central American neighbors as well as the United States. In particular, Honduras worked towards strengthening ties between Central American countries through regional integration efforts. In addition, they maintained strong political ties with the US through the Alliance for Progress program which provided economic and social assistance to Latin American countries.
Politically, Honduras was a democratic republic during this time period with executive power vested in the president who was elected every four years by popular vote. The president had authority over foreign policy decisions and could veto any legislation passed by Congress. Furthermore, there were three branches of government: Executive (President), Legislative (Congress) and Judicial (Supreme Court). These branches worked together to ensure that laws were properly enforced throughout the country.
Yearbook 2005
Honduras. After a long drawn out voting process, the Liberal Party’s candidate, the former bank director Manuel Zelaya, was declared twelve days after the November 27 election day as barely a winner in the presidential election in Honduras. At the same time, elections to Congress, mayor posts and city councils were held. The Liberals took over the position of the ruling party PNH (Partido Nacional de Honduras) as the largest party in Congress, but failed to achieve their own majority, but are expected to settle on individual issues with the small Left Party PUD (Partido de Unificación Democrática). However, PNH won the mayor post in the capital Tegucigalpa while the Liberals won in the country’s second city of San Pedro Sula.
According to countryaah, Tegucigalpa is the capital and one of the major cities within the country of Honduras. A central issue during the election campaign was the increasing organized crime. But the proposal during the election campaign from the ruling party PNH’s candidate Porfirio Lobo to reintroduce the death penalty did not win the vote. Like other Central American countries, Honduras has major problems with youth gangs (“maras”), death squads and cocaine smuggling.
- Also see abbreviationfinder.org for how the acronym HN stands for the country of Honduras and other meanings of this two-letter abbreviation.
In 1972, López Arellano overturned his successor and became more responsive to the implementation of a land reform, the purpose of which was to was to bring UFCO under control. But the company and other large landowners responded, and López Arellano was replaced by Colonel Juan A. Melgar Castro.
In 1978, Army Chief General Policarpo Paz García assumed power in the country. The regime now allied closely with neighboring Nicaragua’s dictator, Anastasio Somoza. The 1979 Sandinist Revolution led Honduras to convene a constitutional assembly whose first step was to ratify Paz García at the presidential post. In 1981, elections won by the Liberal Party (Partido Liberal), whose candidate Roberto Suazo Córdoba took office in January 1982.
Suazo Córdoba approved increases in the prices of basic consumer goods and introduced an «anti-terrorism law» abolished the right to strike when it was considered “severely undermining”. Paramilitary groups, including the paramilitary police force FUSEP, acted outside the scope of the law. The killing and murder of “opposites” became everyday occurrences.
Honduras allowed the US to set up military bases in the country and the counter-revolutionary Nicaraguan also created guerrilla bases in Honduran territory. In 1983, the Pentagon had 1,200 soldiers in the country who, besides intervening directly in the armed battles, provided military training, support and logistics, as well as completed infrastructure projects in the form of road construction, etc. The Nicaraguan “contra” had 15,000 men under arms, and about 30,000 Nicaraguan refugees were added.
In 1985, 7,000 North American soldiers performed maneuvers very close to the border with Nicaragua. Honduras’ air force was offered an extension of all its warplanes as a result of the maneuver. For approx. $ 300 million doubled the number of soldiers and renewed its aircraft.
The 1985 election was won by José Azcona Hoyo of Partido Liberal. The new president asked for assistance from Washington in order to “leave” the country and to stimulate foreign investment.
The handling of US aid triggered widespread corruption – especially within the armed forces. The plan for privatization and the reduction of public spending failed, and in agriculture, seasonal unemployment among rural workers reached 90%.
History. – Between November and December 1932 there was a revolt led by the liberal candidate Drangel Huete, which was put down at the end of December. In April 1936 a new replacement was issued, with an authoritarian approach, which replaced the previous one in September 1924. In February 1937 a monopoly was created for the sale of liqueurs, alcohol, salt and weapons.
Finance. – We give below the balance sheet figures since 1930 (in millions of lempiras).
As of July 31, 1936, the external debt amounted to 6.5 million and the internal debt to 21.8 million.
In correspondence with the devaluation of the dollar also the lempiras was devalued in April 1933: however, the ratio of 1 lempiras = 50 US cents remained unchanged.
