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161223 ||| eng |
020 |
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|a 9781498323758
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245 |
0 |
0 |
|a Honduras
|b Request for a Stand-By Arrangement and an Arrangement Under the Standby Credit Facility
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2014
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300 |
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|a 94 pages
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651 |
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4 |
|a Honduras
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653 |
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|a Finance, Public
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653 |
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|a Revenue administration
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653 |
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|a General Aggregative Models: General
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653 |
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|a Public debt
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653 |
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|a Public-Private Enterprises
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653 |
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|a Public finance & taxation
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653 |
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|a Public Enterprises
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653 |
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|a Public sector
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653 |
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|a Debt Management
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653 |
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|a Fiscal Policy
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653 |
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|a Debts, Public
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653 |
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|a Fiscal consolidation
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653 |
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|a Debt
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653 |
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|a Exports and Imports
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653 |
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|a Fiscal policy
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653 |
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|a International Lending and Debt Problems
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653 |
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|a International economics
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653 |
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|a Economic sectors
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653 |
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|a External debt
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653 |
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|a Debts, External
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653 |
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|a National accounts
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653 |
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|a National income
|
653 |
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|a Sovereign Debt
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653 |
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|a Taxation, Subsidies, and Revenue: General
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653 |
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|a Banks and Banking
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653 |
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|a Civil service & public sector
|
653 |
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|a Macroeconomics
|
653 |
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|a Banking
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653 |
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|a Public Finance
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653 |
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|a Financial services law & regulation
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653 |
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|a Revenue
|
710 |
2 |
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|a International Monetary Fund
|b Western Hemisphere Dept
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
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|b IMF
|a International Monetary Fund
|
490 |
0 |
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|a IMF Staff Country Reports
|
028 |
5 |
0 |
|a 10.5089/9781498323758.002
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2014/361/002.2014.issue-361-en.xml?cid=42559-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a The government of President Hernandez inherited a difficult macroeconomic situation upon taking office in January 2014. Economic growth decelerated significantly in 2013, driven mainly by lower private demand from policy uncertainty and by weaker trade-partner growth. The fiscal accounts weakened considerably in 2011–13, reflecting sizeable increases in government spending and in the deficit of the state-owned electricity company. The relaxation of fiscal policy has led to a rapid increase in public debt, which would continue into the medium term absent a change in economic policies. The balance of payments position has also weakened over the last three years, reflecting both expansionary macroeconomic policies and a less favorable terms of trade
|