IMF Staff Country Reports

Honduras: Third Reviews Under the Extended Fund Facility and the Extended Credit Facility Arrangements, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Honduras

June 13, 2025

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Honduras: Third Reviews Under the Extended Fund Facility and the Extended Credit Facility Arrangements, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Honduras", IMF Staff Country Reports 2025, 131 (2025), accessed July 19, 2025, https://doi.org/10.5089/9798229014069.002

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Summary

Economic resilience continues, and the recalibration of monetary and exchange rate policies initiated in 2024 is bearing fruit, with the economy rebalancing, inflation contained, international reserves strengthening, and foreign exchange market conditions improving. Progress under the Fund-supported program is catalyzing external financing, including from the private sector. The authorities remain strongly committed to the program, a key anchor for Honduras in the context of heightened external risks and domestic uncertainty as the November 2025 elections approach.

Subject: Central bank policy rate, Credit, Exchange rate policy, External debt, Financial institutions, Financial services, Foreign exchange, Loans, Money

Keywords: Caribbean, Central bank policy rate, Credit, Exchange rate policy, Global, Goods inflation, Honduran authorities, Honduras team, Implementation status, Loans, May inflation data, Reform effort

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