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Honduras: Central Bank President Says Government Refused Higher Electricity Rate Hike To Obtain World Bank Loan

LADB Article ID: 069362
Category/Department: General
Date: Friday, October 5, 1990
By: Deborah Tyroler

On Oct. 2, Central Bank president Ricardo Maduro said that the government had refused to implement an electricity rate hike in order to obtain a $120 million loan from the World Bank. Maduro did not specify the proportional rate recommended by t...

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