Honduras : Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Honduras

Author/Editor:

International Monetary Fund

Publication Date:

February 10, 2006

Electronic Access:

Free Full text (PDF file size is 1325 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Honduras’s request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries is discussed. The social consultation has allowed the government to implement a vital reform of public sector wage policy. A reduction in the pressure of the civil service wage bill is the key for restoring the sustainability of the public finances. An ambitious financial sector reform is designed to address bank fragilities; and far-reaching transparency and anti-corruption measures aim to improve governance.

Series:

Country Report No. 06/48

Subject:

English

Publication Date:

February 10, 2006

ISBN/ISSN:

9781451817188/1934-7685

Stock No:

1HNDEA2006004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

103

Please address any questions about this title to publications@imf.org