Honduras: Recent Economic Developments

Publication Date:

March 14, 1995

Summary:

This paper describes economic developments in Honduras during the 1990s. During 1990–93, Honduras adopted an economic program aimed at reducing macroeconomic imbalances and at greater openness and efficiency of the economy. Important structural reforms were carried out in the public, financial, and external sectors, and economic activity and nontraditional exports increased at a fast pace. However, the adjustment of macroeconomic imbalances was short lived as the fiscal deficit rose sharply in the run-up to the presidential elections of November 1993.

Series:

Country Report No. 1995/019

Subject:

Notes:

This report on recent economic developments in Honduras was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

March 14, 1995

ISBN/ISSN:

9781451817027/1934-7685

Stock No:

1HNDEA0011995

Pages:

92

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