US embassy cable - 05TEGUCIGALPA1498

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MEDIA REACTION ON DEBT FORGIVENESS, JULY 15, 2005

Identifier: 05TEGUCIGALPA1498
Wikileaks: View 05TEGUCIGALPA1498 at Wikileaks.org
Origin: Embassy Tegucigalpa
Created: 2005-07-19 14:22:00
Classification: UNCLASSIFIED
Tags: OIIP KPAO PGOV MASS EAID HO
Redacted: This cable was not redacted by Wikileaks.
This record is a partial extract of the original cable. The full text of the original cable is not available.

UNCLAS TEGUCIGALPA 001498 
 
SIPDIS 
 
DEPT. FOR WHA/PD; IIP/G/WHA DIPASQUALE; AND IIP/T/ES 
DEPT. FOR PM AND EB/TRA 
DEPT. FOR WHA/EPSC, WHA/PPC AND WHA/CEN 
 
E.O. 12958: N/A 
TAGS: OIIP, KPAO, PGOV, MASS, EAID, HO 
SUBJECT: MEDIA REACTION ON DEBT FORGIVENESS, JULY 15, 2005 
 
 
1. On 07/15, the San Pedro Sula-based liberal daily "Tiempo" 
published an editorial entitled "Consultation."  "President 
Maduro has begun a consultative process to find out how the 
4 billion Lempiras received through the cancellation of our 
multilateral debt will be used next year.  It's already been 
agreed that those monies, as well as those coming from the 
MCA, will be included in the general budget of 2006, and 
should be used to finance programs of social development and 
poverty reduction." 
 
"President Maduro has told the social sectors chosen to 
participate in these consultations that Honduras has never 
had this many resources to cope with our social needs.  This 
may be true, but we must acknowledge that these funds have 
come as a result of the permanent sacrifice of the Honduran 
people, who have paid in excess the loans given by the 
industrialized countries, which has caused Honduras to be 
considered a HIPC country." 
 
"However, such consultations require an efficient 
methodology and a whole different focus, which is not 
currently the case, despite the good intentions of President 
Maduro." 
 
Tuebner 

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