Honduras Request for a Stand-By Arrangement and an Arrangement Under the Standby Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Honduras

The economy of Honduras contracted as a result of the global economic crisis. In the economic policy area, the authorities gave priority to strengthening the financial position of the public sector and restarting the external assistance. Measures are taken to strengthen the fiscal position, in parti...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2010
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Depository Institutions 
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653 |a Credit 
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653 |a Public-Private Enterprises 
653 |a Public ownership 
653 |a Nonprofit Organizations and Public Enterprise: General 
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653 |a Banks and banking 
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653 |a Debt Management 
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653 |a Debts, Public 
653 |a Debt 
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653 |a Economic sectors 
653 |a Nationalization 
653 |a Money 
653 |a Sovereign Debt 
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520 |a The economy of Honduras contracted as a result of the global economic crisis. In the economic policy area, the authorities gave priority to strengthening the financial position of the public sector and restarting the external assistance. Measures are taken to strengthen the fiscal position, in particular wage bill control, energy subsidies, public sector tariffs, domestic arrears. Monetary and exchange rate policies will be geared at maintaining low inflation, safeguarding competitiveness, and strengthening the external reserves position. The authorities planned to improve the regulatory framework