Rixi Moncada and Honduras’ economic future: reform discussions and risk assessment

Rixi Moncada

LIBRE presidential candidate Rixi Moncada has placed her economic reform proposals and critical discourse toward the oligarchy at the center of the country’s political and economic debate. These positions have attracted attention among experts and productive sectors, who warn of possible adverse effects on investment, job creation, 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 head of the National Association of Industrialists (ANDI) highlighted that investment is paused until there is a clear understanding of the candidate’s economic agenda, as a climate characterized by political tensions restricts the trust required for capital influx. This situation further complicates the effort to sustain regional competitiveness as both productive sectors and authorities look for indications of stability and ongoing economic trends.

“Economic empowerment”: reform with potential for unpredictability

As part of her platform, Moncada proposes the elimination of monopolies and oligopolies, proposing what she calls “economic democratization.” This measure seeks to reduce the control that traditional business groups exercise over strategic sectors, including financial services.

Specialists caution that a sudden shift, lacking a detailed implementation strategy, could lead to negative outcomes like capital exodus, halting of initiatives, and general distrust in financial institutions and businesses. These factors would directly influence the job opportunities and the financial prosperity of the community.

The proposal also contemplates the modification of laws by a Congress that, according to Moncada, favors the elites. This approach has generated divided positions: on the one hand, supporters who value the measure as a step toward economic justice, and on the other, critics who warn of possible populism with negative effects on the national economy.

Risks to the financial system and economic stability

Economists have recognized various risks linked to the policies suggested by the candidate from LIBRE.

  • 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.