Honduras : 2016 Article IV Consultation, Third and Fourth Reviews under the Stand-By Arrangement and the Arrangement under the Standby Credit Facility-Press Release and Staff Report

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

November 22, 2016

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2016 Article IV Consultation highlights that the real output of Honduras in 2015 grew at 3.6 percent, slightly higher than projected. From the demand side, growth was supported by the recovery in private consumption—which responded positively to a reduction in gasoline prices and strong remittances inflows—and a boost in investment. On the supply side, the recovery in manufacturing and agriculture supported greater activity. The outlook for 2016 remains favorable. Real GDP through the second quarter of 2016 grew by 4.1 percent (year over year) broadly consistent with IMF staff projection of 3.6 percent for 2016. This projected growth performance is supported by scaled up public infrastructure investment and a supportive monetary policy stance.

Series:

Country Report No. 16/362

Subject:

English

Publication Date:

November 22, 2016

ISBN/ISSN:

9781475556469/1934-7685

Stock No:

1HNDEA2016002

Format:

Paper

Pages:

128

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