The Republic Of Honduras: Second Large Country In Central America

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The Republic of Honduras¬ it’s a place located in the mid-heart of Central America and surrounded by two beautiful coasts, Caribbean Sea coastlines and the north of Pacific Ocean. Honduras, it is known as the second larger country in Central America, ruled by a Democratic Constitutional Republic Government. The country is currently run by the command of the president; Juan Orlando Hernández—actual member of the Conservative National Party of Honduras. The official language of this country is Spanish, and the majority of its citizens are practitioners of Roman Catholicism. Moreover, Honduras’ capital name is Tegucigalpa and is the larger city in Honduras; while San Pedro Sula, remains being the industrial capital, where the economic, commercial, industrial, and financial development is mostly concentrated. …show more content…
The currency of the Republic of Honduras is Lempiras, which is equal to 100 centavos. The country ethnicity is divided into 90% Mestizo (Amerindian and European), 7% Amerindian, 2% Black (including Black Caribbean) and 1% White. In addition, Honduras has one of the highest rates of delinquency in comparison with the world average. Although, the country has 60% in open markets for financial and investment freedom, but it also has 74.2% in regulatory efficiency for monetary freedom, regarding business and

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