Honduras' external debt stays sustainable while ENEE faces mounting liabilities

The Central Bank of Honduras reported that external debt reached US$1.281 billion at the end of May 2026, representing 11.9% of the total public external debt. The figure marks a reduction of US$39.4 million from December 2025, excluding a recent IMF disbursement of US$241.5 million. The debt composition includes 59.4% loans, 38.8% SDR allocations, and smaller portions of other liabilities. Additional public entities such as ENEE and the Port Authority together hold US$111.5 million of external debt.

Former BCIE president Dante Mossi said Honduras' overall debt remains sustainable but warned that the state power utility ENEE carries near‑US$1 billion in obligations to generators and must service a US$700 million bond in January next year. He urged reforms to the electric system law to address ENEE's financial crisis, echoing calls from Honduran legislators to pass legislation that would enable the utility to exit its current losses.