Honduras on brink of bankruptcy, suspends public servicesSubmitted by emalvini on Fri, 01/25/2013 - 14:02
Honduras on brink of bankruptcy, suspends public services
January 25, 2013
Street surveillance cameras in one of the world’s most dangerous cities have been turned off because the government of Honduras has not paid millions of pounds it owes.
The operator which runs them in the capital Tegucigalpa is now threatening to suspend police radio services as well.
Teachers have been demonstrating almost every day as they have not been paid in six months, while doctors complain about the shortage of essential medicines, gauze, needles and latex gloves.
The Central American country has been on the brink of bankruptcy for months, as politicians put off passing a budget necessary to pay for basic government services. Honduras is also grappling with five billion dollars (£3.16 billion) in foreign debt, a figure equivalent to last year’s entire government budget.
Read more: http://stratrisks.com/geostrat/10518