Honduras Recent Economic Developments

This paper describes economic developments in Honduras during the 1990s. During 1990-93, Honduras adopted an economic program aimed at reducing macroeconomic imbalances and at greater openness and efficiency of the economy. Important structural reforms were carried out in the public, financial, and...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper describes economic developments in Honduras during the 1990s. During 1990-93, Honduras adopted an economic program aimed at reducing macroeconomic imbalances and at greater openness and efficiency of the economy. Important structural reforms were carried out in the public, financial, and external sectors, and economic activity and nontraditional exports increased at a fast pace. However, the adjustment of macroeconomic imbalances was short lived as the fiscal deficit rose sharply in the run-up to the presidential elections of November 1993
Physical Description:92 pages
ISBN:9781451817027