| IMF bails out Honduras Coup Regime with $150 million |
 |
 |
 |
| Written by Dawn Paley |
| Wednesday, 02 September 2009 07:08 |
|
Source: The Dominion Reuters' Spanish service and Venezeuala's Telesur are reporting that the IMF granted US$150 million to the defacto regime in Honduras, which is now into into its third month. Both reports stem from a press release by the Honduran Central Bank (BCH). The BCH release reads (in part): "At the initiative of the twenty industrialized and emerging countries (G-20), presided by the Prime Minister of England, Gordon Brown, the International Monetary Fund injects liquidity into the world economy and Honduras augments it's international reserves by $150.1 million." The CBH release goes on to state that the money was received on August 28th. Telesur is reporting that the IMF will give another $13.8 million to the coup regime next week. The IMF does not have an update on their Honduras page since before the coup happened. The BCH has not posted a press release in English since last year. The only report on the payment in English thus far is posted on Iran's PressTV. All translations above are unofficial. |
