Honduras : Request for a Stand-By Arrangement and an Arrangement Under the Standby Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Honduras

Author/Editor:

International Monetary Fund

Publication Date:

October 22, 2010

Electronic Access:

Free Full Text (PDF file size is 1032 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The economy of Honduras contracted as a result of the global economic crisis. In the economic policy area, the authorities gave priority to strengthening the financial position of the public sector and restarting the external assistance. Measures are taken to strengthen the fiscal position, in particular wage bill control, energy subsidies, public sector tariffs, domestic arrears. Monetary and exchange rate policies will be geared at maintaining low inflation, safeguarding competitiveness, and strengthening the external reserves position. The authorities planned to improve the regulatory framework.

Series:

Country Report No. 10/322

Subject:

English

Publication Date:

October 22, 2010

ISBN/ISSN:

9781455208494/1934-7685

Stock No:

1HNDEA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

74

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