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Central American Bank Suspends Honduras Credits

HeadlineAug 27, 2009

In Honduras, the coup regime continues to face international isolation over its refusal to allow the return of ousted President Manuel Zelaya. On Wednesday, Central America’s development bank said it would provisionally freeze credits to Honduras in protest of Zelaya’s ouster. The move by the Central American Bank for Economic Integration could stall infrastructure projects like highway construction. The bank has provided some $970 million in financing to Honduras since 2004.

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