Honduras and the World Bank

The World Bank Group is a family of five international organizations that has provided leveraged loans and monetary assistance to the Central American country of Honduras in order to assist with the funding of critical tasks needed to ensure security of Honduran access to financing, expansion of social program coverage, and rural development.^[1] The country is the second poorest in Central America and its high poverty rate of 66% in 2016 has prompted an increased focus on the importance of diversification of rural income sources, quality education, and targeted social programs as a way of spurring economic growth.^{[citation needed]}

Operating with investments from the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA), the World Bank manages an investment portfolio of over $990 Million US dollars in Honduras in its effort to promote the development of the private and public sector through foreign investment and economic activity.^[1] Recent efforts by the World Bank in Honduras have included the Country Partnership network (CPF) finalized December 15, 2015 as a joint effort between the World Bank Group and its IDA, MIGA, and IFC subsidiaries, who have contributed US $169 Million, US $327 million, and $494 million to the Honduran portfolio, respectively.^[2] The CPF has seven primary objectives that were formed to "promote inclusion, strengthen growth conditions, and reduce vulnerabilities in the country."^[1]