Presidency
During Zelaya's time in office Honduras became a member of ALBA, an international cooperation organization based on the idea of social, political, and economic integration between the countries of Latin America and the Caribbean. Political opponents, particularly business elites, opposed his foreign policy, including his alliance with Hugo Chávez in Venezuela, and friendship with Cuba's Raúl Castro.
In spite of a number of economic problems, there were a number of significant achievements under Zelaya's presidency. Under his government, free education for all children was introduced, subsidies to small farmers were provided, bank interest rates were reduced, the minimum wage was increased by 80%, school meals were guaranteed for more than 1.6 million children from poor families, domestic employees were integrated into the social security system, poverty was reduced by almost 10% during two years of government, and direct state help was provided for 200,000 families in extreme poverty, with free electricity supplied to those Hondurans most in need.
Read more about this topic: Manuel Zelaya
Famous quotes containing the word presidency:
“... how often the Presidency has simply meant that a man shall be abused, distrusted, and worked to death while he is filling the great office, and that he should drop into unmerited oblivion when he has left the White House ...”
—M. E. W. Sherwood (1826–1903)
“I once told Nixon that the Presidency is like being a jackass caught in a hail storm. You’ve got to just stand there and take it.”
—Lyndon Baines Johnson (1908–1973)
“Some of the offers that have come to me would never have come if I had not been President. That means these people are trying to hire not Calvin Coolidge, but a former President of the United States. I can’t make that kind of use of the office.... I can’t do anything that might take away from the Presidency any of its dignity, or any of the faith people have in it.”
—Calvin Coolidge (1872–1933)