IMF Staff Country Reports

Honduras: Fourth Reviews Under the Stand-by Arrangement and the Arrangement Under the Standby Credit Facility, Requests for Augmentation of Access, Extension and Rephasing of the Arrangements, and Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report

September 14, 2021

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International Monetary Fund. Western Hemisphere Dept. "Honduras: Fourth Reviews Under the Stand-by Arrangement and the Arrangement Under the Standby Credit Facility, Requests for Augmentation of Access, Extension and Rephasing of the Arrangements, and Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report", IMF Staff Country Reports 2021, 207 (2021), accessed 12/27/2025, https://doi.org/10.5089/9781513596105.002

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Summary

The protracted pandemic and two tropical storms have hit Honduras hard. Despite authorities’ responses, these shocks continue to weigh on activity; reconstruction needs are high while the outlook remains uncertain. The authorities plan to rebuild a more climate-resilient economy, given Honduras’ vulnerabilities to climate change. Presidential elections are scheduled for November 2021.

Subject: Credit, Debt sustainability analysis, External debt, Financial institutions, International organization, Loans, Monetary policy, Money, Public debt

Keywords: Central America, Credit, Debt sustainability analysis, economic policy agenda, Global, Honduran authorities, Loans, reform agenda, revenue mobilization agenda, SCF arrangement, transparency policy