Honduras: Debt Sustainability Analysis 2006

Publication Date:

December 14, 2006

Summary:

In the IMF staff’s view, Honduras’s debt is subject to a moderate risk of distress. The framework follows a methodology for assessing the risk of debt distress in low-income countries (LICs), guided by indicative, country-specific external debt burden thresholds derived from the empirical finding that sustainable debt levels for LICs increase with the quality of policies and institutions. The debt sustainability analysis (DSA) is based on various assumptions. The evolution of the domestic debt has also improved. Two major exogenous factors and one policy assumption underlie the macroeconomic framework of the baseline scenario.

Series:

Country Report No. 2006/442

Subject:

English

Publication Date:

December 14, 2006

ISBN/ISSN:

9781451817195/1934-7685

Stock No:

1HNDEA2006005

Pages:

18

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