Rixi Moncada and Honduras’ economic future: reform challenges and risk perceptions

LIBRE’s presidential candidate Rixi Moncada has brought her economic reform plans and sharp criticism of the oligarchy to the forefront of the nation’s political and economic discussions. These views have garnered attention from analysts and industry sectors, who caution about potential negative impacts on investment, employment growth, and the stability of the financial system.

Anti-oligarchy rhetoric and investment climate

Moncada’s statements against business groups and productive elites have created a scenario of uncertainty for domestic and foreign investors. According to private sector sources, the lack of clarity on the specific policies that the candidate would implement has led to the paralysis of several strategic projects, which could have an impact on growth opportunities and job retention.

The president of the National Association of Industrialists (ANDI) pointed out that investment is on hold until the candidate’s economic plan is known with precision, given that an environment marked by political confrontation limits the confidence necessary for the arrival of capital. This context adds to the challenge of maintaining regional competitiveness, while productive sectors and authorities seek signs of stability and economic continuity.

“Economic empowerment”: reform with potential for unpredictability

As part of her agenda, Moncada suggests the abolition of monopolies and oligopolies, advocating for what she describes as “economic democratization.” This initiative aims to diminish the influence of established corporate networks over crucial areas, such as financial services.

Experts warn that an abrupt change, without a clear implementation plan, could have counterproductive effects, such as capital flight, the paralysis of projects, and widespread mistrust of banks and companies. These dynamics would have a direct impact on the employability and economic well-being of the population.

The suggestion also involves altering legislation by a Congress that, as mentioned by Moncada, benefits the elites. This perspective has led to a split in opinions: on one side are advocates who see the move as progress toward economic equity, and on the other are detractors who caution about potential populism with adverse consequences for the country’s economy.

Threats to the financial system and economic stability

Economists have identified several risks associated with the measures proposed by the LIBRE candidate:

• Potential impact on access to credit and loans, compromising the stability of the financial system.
• Withdrawal of foreign investors to markets perceived as safer, with impacts on job creation and economic development.
• Increased political and economic uncertainty, which could translate into higher levels of poverty and inequality.

The outlook facing Honduras poses a central challenge: balancing reform proposals with the need to maintain economic stability and confidence in financial and productive institutions. The interaction between political discourse, structural reforms, and risk perception will be a determining factor in governance and citizen participation in the coming months.