Executive branch: chief of state: President Ricardo (Joest) MADURO (since 27 January 2002); First Vice President Vicente WILLIAMS Agasse (since 27 January 2002); Second Vice President Armida Villela Maria DE LOPEZ Contreras (since 27 January 2002); Third Vice President Alberto DIAZ Lobo (since 27 January 2002); note - the president is both the chief of state and head of government head of government: President Ricardo (Joest) MADURO (since 27 January 2002); First Vice President Vicente WILLIAMS Agasse (since 27 January 2002); Second Vice President Armida Villela Maria DE LOPEZ Contreras (since 27 January 2002); Third Vice President Alberto DIAZ Lobo (since 27 January 2002); note - the president is both the chief of state and head of government cabinet: Cabinet appointed by president elections: president elected by popular vote for a four-year term; election last held 25 November 2001 (next to be held NA November 2005) election results: Ricardo (Joest) MADURO (PN) elected president - 52.2%, Raphael PINEDA Ponce (PL) 44.3%, others 3.5%
Legislative branch: unicameral National Congress or Congreso Nacional (128 seats; members are elected proportionally to the number of votes their party's presidential candidate receives to serve four-year terms) elections: last held 25 November 2001 (next to be held NA November 2005) election results: PDC 4, PINU-SD 3
Judicial branch: Supreme Court of Justice or Corte Suprema de Justicia (judges are elected for seven-year terms by the National Congress)
Political parties and leaders: Christian Democratic Party or PDC
[Dr. Hernan CORRALES Padilla]; Democratic Unification Party or PUD
[leader NA]; Liberal Party or PL [Roberto MICHELETTI Bain]; National
Innovation and Unity Party-Social Democratic Party or PINU-SD [Olban
F. VALLADARES]; National Party of Honduras or PN [Raphael CALLEJAS]
Political pressure groups and leaders: Committee for the Defense of Human
Rights in Honduras or CODEH; Confederation of Honduran Workers or CTH;
Coordinating Committee of Popular Organizations or CCOP; General Workers
Confederation or CGT; Honduran Council of Private Enterprise or COHEP;
National Association of Honduran Campesinos or ANACH; National Union
of Campesinos or UNC; Popular Bloc or BP; United Federation of Honduran
Workers or FUTH
International organization participation: BCIE, CACM, ECLAC, FAO,
G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF,
IMO, Interpol, IOC, IOM, ISO (subscriber), ITU, LAES, LAIA (observer),
MINURSO, NAM, OAS, OPANAL, OPCW (signatory), PCA, RG, UN, UNCTAD, UNESCO,
UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US: Ambassador Mario Miguel CANAHUATI honorary consulate(s): Chicago, Houston, Los Angeles, Miami, New Orleans, New York, Phoenix, San Francisco, San Juan (Puerto Rico), Tampa FAX: [1] (202) 966-9751 telephone: [1] (202) 966-7702 chancery: Suite 4-M, 3007 Tilden Street NW, Washington, DC 20008
Diplomatic representation from the US: chief of mission: Ambassador Frank ALMAGUER embassy: Avenida La Paz, Apartado Postal No. 3453, Tegucigalpa mailing address: American Embassy, [504] 238-5114, 236-9320 FAX: Flag description: three equal horizontal bands of blue (top), white, and blue with five blue five-pointed stars arranged in an X pattern centered in the white band; the stars represent the members of the former Federal Republic of Central America - Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua; similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Nicaragua, which features a triangle encircled by the word REPUBLICA DE NICARAGUA on top and AMERICA CENTRAL on the bottom, centered in the white band
Economy Honduras
Economy - overview: Honduras, one of the poorest countries in the Western Hemisphere with an extraordinarily unequal distribution of income, is banking on expanded trade privileges under the Enhanced Caribbean Basin Initiative and on debt relief under the Heavily Indebted Poor Countries (HIPC) initiative. While the country has met most of its macroeconomic targets, it failed to meet the IMF's goals to liberalize its energy and telecommunications sectors. Growth remains dependent on the status of the US economy, its major trading partner, on commodity prices, particularly coffee, and on containment of the recent rise in crime.