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Honduras Central Bank Head Resigns

June 4, 1999

TEGUCIGALPA, Honduras (AP) _ The president of Honduras’ Central Bank, Emin Barjum, resigned Friday in order to spend more time on his businesses and to assist his ailing wife.

Barjum announced his departure in a radio address, a day after he met President Carlos Flores Facusse to explain his decision.

Barjum took charge of the bank in January 1998, two days after Flores Facusse had been sworn in. Educated as an industrial engineer, Barjum owns a liquor distillery and business centers in Honduras.

The government made no mention of who would replace Barjum.

Barjum had been involved in Honduras’ recent negotiations with the International Monetary Fund, which has supported easing the country’s debt.

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