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Tax Justice Law faces rejection by COHEP

The Honduran Council of Private Enterprise (COHEP) has released a serious caution concerning Honduras’s economic path. In their latest announcement, the group criticized the government for worsening investment conditions, stalled economic growth, and increasing unemployment, issues that, they assert, are worsened by a lack of technical and agreed-upon resolutions.

COHEP’s stance emerges as tensions escalate between the governing party and the private sector, fueled by initiatives like the Tax Justice Law. The business sector argues that, instead of addressing the country’s fundamental issues, these actions might heighten economic instability and prompt the outflow of capital.

Ongoing reforms and economic decline

The corporate body critiques the executive branch’s choice to continue with an approach characterized by ideological conflict instead of implementing a program of structural changes that addresses the country’s actual pressing necessities. “The absence of tangible achievements in economic issues, along with a divisive political rhetoric, is undermining trust in the nation’s future,” the statement noted.

Criticism from COHEP mirrors earlier analyses by independent groups like the ERIC-SJ survey, which showed significant public dissatisfaction regarding the stagnation on critical matters like joblessness, safety, and availability of opportunities. Both documents express a shared worry: the sense that the government is straying from its economic and democratic course.

Conversation as a solution to the conflict

In light of this situation, COHEP has suggested creating a diverse dialogue platform with members from the productive industries, labor unions, and individual specialists. Their objective, as stated, is to develop a strategy to regain trust, guarantee legal clarity, and set the groundwork for ongoing development.

COHEP’s statement extends beyond a singular critique and urges a transformation in the nation’s governance approach.

“Honduras does not require enemies from within, it requires a vision for the nation,” the statement expressed, emphasizing the pressing need to focus on economic stability rather than ideological conflicts.

As the 2025 elections approach and with increasing demands from different sectors, the government is challenged to act decisively or risk the fallout from declining credibility.

By Enma Woofreis