Honduras and the IMF

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Poverty Reduction Strategy Papers (PRSPs)

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Poverty Reduction Strategy Paper
Prepared by the Government of Honduras
August 2001

Poverty Reduction Strategy Papers (PRSPs) are prepared by member countries in broad consultation with stakeholders and development partners, including the staffs of the World Bank and the IMF. Updated every three years with annual progress reports, they describe the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing. This country document is being made available on the IMF website by agreement with the member country as a service to users of the IMF website.

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Executive Summary


  1. The PRSP: The Concrete Result of a Participatory Process
    1. Consultation Modalities and Participants
    2. Results of the Consultation Process

  2. Characteristics of Poverty
    1. Dimension of Poverty
    2. Urban — Rural and Regional Differences
    3. Socio-Demographic Profile of Poverty
      1. Ethnic Groups
      2. Women
      3. Children
      4. Senior Citizens
      5. Persons with Disabilities
    4. The Effects of Hurricane Mitch on Poverty
      1. Housing
      2. Employment
      3. Income
      4. Factors of Production

  3. Determinants and Effects of Poverty
    1. Economic Growth and Per Capita Income
      1. Per Capita GDP: Level and Trends
      2. Savings & Investment
      3. Efficiency of the Factors of Production and Competitiveness
      4. Demographic Dependency
    2. Labor Market, Wages and Salaries
      1. Wage and Salary Levels and Trends
      2. Employment Trends
      3. Working Women
      4. Child Labor
    3. Adjustment and Stabilization Measures
    4. Income Distribution and Access to Productive Assets
      1. Gini Coefficient of Income distribution
      2. Access to the Factors of Production
      3. Micro, Small and Medium Size Enterprises
    5. Social Expenditures and Human Capital
      1. Social Expenditures by Sectors
      2. Trends in the Perfomance of the Social Sector
    6. Population and Environment
      1. Demographic Trends
      2. Environmental Deterioration in Urban Areas
      3. Use and Management of Forest Resources
    7. Governance and Democratic Participation
      1. Transparency in Public Administration and Civil Society
      2. Culture and Moral Values
      3. Modernization of the State and Decentralization

  4. Components of the Strategy
    1. Overall Vision
      Overall Targets
    2. Strategic Guidelines
      1. Prioritize Actions That Tend to Reduce Poverty in a Sustainable Manner
      2. Prioritize Actions Favoring the Least Developed Groups and Areas of the Country
      3. Strengthen Civil Society Participation & Decentralization in the PRS
      4. Strengthen Governance and Participatory Democracy Within the PRS Framework
      5. Reduce environmental vulnerability and Its Impact on Poverty
    3. Program Areas
      1. Accelerating Equitable and Sustainable Economic Growth
      2. Poverty Reduction in Rural Areas
      3. Reducing urban poverty
      4. Investing in Human Capital
      5. Strengthening Social Protection for Specific Groups
      6. Guaranteeing the Sustainability of the Strategy

  5. Cost and Financing of the Strategy
      1. Programs and Projects Currently Being Implemented
      2. New Programs and Projects
      3. Financing PRS Programs and Projects

  6. Operational Framework of the Strategy
    1. Institutional Framework of the Strategy
      1. Organizational Structure
    2. Follow-up and Impact Evaluation of the PRS
      1. Monitoring and evaluation Framework and Data Sources
      2. Civil-Society Participation in Monitoring and Evaluation of the PRS
      3. Differentiated Impact on Target Groups

  7. Risks of the Strategy
    1. National Consensus
    2. Implementation Capacity
    3. Fiscal Pressures
    4. Lack of Appropriate External Resources
    5. Developments in the World Economy
    6. Natural Disasters


A. PRS Policy Measures and Result Indicator Matrix
A1. Priority Legal and Institutional Measures Matrix
B. Poverty Reduction Strategy Programs and Projects
C. Current or in Advanced Pipeline, Programs and Projects Related to the Poverty Reduction Strategy
D. Statistic Tables

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