Background
He was born in La Ceiba in Honduras.
He was born in La Ceiba in Honduras.
Azcona's success as a president has been contested across the political spectrum. While his followers and a large proportion of the population would favour him due to the perceived honesty and integrity of his government, another group would challenge this view, arguing that he pursued a weak economic policy (artificially maintaining a 2:1 exchange rate between the Honduran lempira and the US dollar), ran up large budget deficits and did little to develop investment opportunities in the country. Many people still remember the fuel supply problems, mostly in the last part of his government due to foreign credit issues.
During his presidency, the Central American peace process took place, by the time he turned over the presidency to his successor on 27 January 1990 the Contra rebels in Nicaragua were demobilising. Less known is the relationship between Honduras and the US Government covert operations to exchange arms for hostages in Iran and fund rebels, later known as Iran ContraAffair. After leaving power Azcona concentrated on running his construction business. At the end of the nineties he had a heart attack. On 24 October 2005 at 12.30 a.m. (local time UTC-6) just as he was going to bed in his home in Tegucigalpa Azcona died suddenly from another heart attack, age 78.