Honduras
Honduras, eligible for the MCA each year since its inception in 2004, was again selected in the 2007 and 2008 selection rounds. On June 13, 2005, Honduras signed a 5-year, $215 million compact with the MCC.
MCA StatusOn June 13, 2005, Honduras signed a 5 year, $215 million compact with the MCC. The compact will focus on increasing productivity of high value crops and improving transportation links between producers and markets. Country CompactHonduras' Final Compact (pdf) By comparison, Honduras's Poverty Reduction Strategy Paper (PRSP) emphasizes the importance of decentralized, participatory political processes and good governance generally in order to address inequality and exclusion based on region, ethnicity, gender, and age. It advocates a program of accelerating equitable and sustainable growth, addressing poverty in a way that is responsive to specific urban and rural contexts, investing in human capital, and strengthening the social safety net for vulnerable groups. Honduras PRSP (PDF)
Country EligibilityIn the FY 2008 selection process, Honduras scored above the median on two of six "ruling justly" indicators, all five "investing in people" indicators, and five of six "economic freedom" indicators. Honduras’ performance (pdf) on the FY 2008 selection indicators Review Honduras’ performance (pdf) on the FY 2007 selection indicators Review Honduras' performance (pdf) on the FY 2006 selection indicators Learn more about the MCC’s country selection process
Country FactsData are for 2005 (or most recent year available)
Source: World Development Indicators 2007
Other U.S. PoliciesDevelopment Assistance In FY 2006 USAID requested $45 million in funds for Honduras, with almost half for Development Assistance dedicated to economic freedom and just rule, a quarter for Child Survival and Health Programs, and a third for PL 480 Title II (Emergency and Development Food Assistance). USAID strategy in Honduras (PDF) Trade The U.S. imported a significant $3.7 billion in goods from Honduras, with half covered by the Caribbean Basin Initiative (CBI) preferential access agreement. Major categories of goods include apparel ($608 million), primary and agricultural products such as fruit, vegetables, fish, tobacco, and wood (nearly $500 million), and electrical machinery and components ($175 million). See a spreadsheet of U.S. imports from Honduras
Other DonorsThe top three donors to Honduras in 2005 were:
Source: Development Assistance Committee Database
World Bank InvolvementThe World Bank in financing eighteen projects in Honduras with a total commitment of $413 million. These projects are in the areas of health and education, urban infrastructure, social protection, and the environment. World Bank projects in Honduras
Other ResourcesCompendium of food and agriculture indicators from the UN’s Food and Agriculture Organization (FAO) - (PDF) Department of State country profile providing background on Honduras’s history and U.S.-Honduras relations.
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