Brief History of Honduras Free Essay Example, 3000 words

With GDP per capita at USD 2050 per year (1999), Honduras is one of the poorest countries in the Americas. The economic growth rate is 5% but most of the people are still under the poverty line. The World Bank and the International Monetary Fund (IMF) have classified Honduras as one of the Heavily Indebted Poor Countries (HIPC) eligible for debt relief. Honduran currency is Lempira. Agricultural production Honduras, rich in forests and marine resources, is endowed with 1.8 million hectares of cultivable land but agriculture is yet to be developed in its full-fledged and finest form in the country. With 0.28 ha (hectare) per capita, it is the second-largest country in the region in terms of arable land with respect to its population. The northern coast is full of cultivable lands and presents beautiful and scenic greenery with tender crops of banana, sugarcane, palm oil, and tropical fruits. The southern belt is also equipped with lands suitable for sugarcane and sorghum production. But the southern regions are prone to recurring droughts. And people here have to cope up with haphazard cropping patterns. We will write a custom essay sample on Brief History of Honduras or any topic specifically for you Only $17.96 $11.86/page