FILE PHOTO: A car damaged by the floods due to the rains brought by Hurricanes Eta and Iota, is pictured in Villanueva, Honduras December 7, 2020. REUTERS/Jose Cabezas
Hurricanes Eta and Iota caused $10 billion in damages in Honduras, foreign minister says Environment Gustavo Palencia TEGUCIGALPA (Reuters) - Hurricanes Eta and Iota have caused about $10 billion in damages in Honduras and affected more than 4 million people, the Central American country’s foreign minister said on Monday as he called for international support. The storms hit within two weeks of each other last month, bringing disastrous flooding to much of Central America and hitting Honduras particularly hard.
Fiscal incentives to encourage worker remittances View(s):
Hondurans take part in a new caravan of migrants, set to head to the United States, as they leave San Pedro Sula, Honduras December 9 2020. REUTERS/Jose Cabezas
Several countries are using fiscal incentives (like Sri Lanka) rather that directives to encourage migrant workers to repatriate their earnings, an international webinar on unpaid wages of migrant workers was informed on Wednesday.
The discussion titled “Unpaid Wages and Remittances: Deconstructing the Impact of COVID-19 and Ways Forward” was organised by the Philippines-based Migrant Forum in Asia. It addressed the question of how a steady flow of remittances can be maintained by ensuring that migrant workers are compensated for their work in countries of destination.