Honduras: 2023 Article IV Consultation and Requests for an Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Honduras

IMF Staff Country Reports, September 22, 2023

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Honduras: 2023 Article IV Consultation and Requests for an Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Honduras

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Bibliographic details

• Published: September 22, 2023
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9798400255496.002

Overview

• Publication date: September 22, 2023
• This paper presents Honduras’ 2023 Article IV Consultation and Requests for an Arrangement under the Extended Fund Facility and an Arrangement under the Extended Credit Facility.
• The arrangements provide support for the Honduran government’s economic and institutional reform agenda over the next three years.
• The program aims to support the authorities’ efforts to improve governance and transparency and fight corruption.

Program objectives and priorities

• Strengthen economic resilience and address structural bottlenecks to boost inclusive growth.
• Increase public investment while safeguarding macroeconomic stability.
• Support reforms in the energy sector to limit fiscal risks and improve the business environment.
• Back the authorities’ comprehensive loss reduction plan to strengthen the financial position of the public electricity company and enhance the provision of electricity.
• Support the authorities’ efforts to build resilience to climate change.

Key policy areas emphasized

• Economic sectors
• Energy sector
• External debt
• Foreign exchange
• International organization engagement
• Monetary policy
• Public debt
• Revenue administration

Keywords and thematic focus

• authorities' priority
• band regime
• budget administration
• Caribbean
• Central America
• Energy sector
• Global
• Honduran authorities
• sale transaction
• Western Hemisphere

Content in this bundle

• 1hndea2023001 - Executive Summary
  • 1hndea2023001 - Executive Summary (Markdown version)
  • 1hndea2023001 - Executive Summary (PDF)