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Title Honduras : second reviews under the stand-by arrangement and the arrangement under the standby credit facility-press release ; and staff report
Published Washington, D.C. : International Monetary Fund, 2016
©2016

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Description 1 online resource (18 pages) : illustrations
Series IMF Country Report ; no. 16/4
IMF country report ; no. 16/4.
Summary This paper discusses Honduras' Second Review Under the Stand-by Arrangement (SBA) and the Arrangement under the Standby Credit Facility (SCF). All 2015 end-June performance criteria and indicative targets were met, most with significant margins. On the structural side, June and September 2015 benchmarks were broadly observed. The revised program proposed for 2016 envisages a further strengthening of fiscal and net international reserve targets. The authorities are pressing ahead with structural reforms, including the introduction of a Fiscal Responsibility Law, an overhaul of tax administration, and reforms to the Honduran Social Security Institute. Based on performance to date and the authorities' updated intentions and commitments, the IMF staff recommends completion of the second review under the SBA/SCF arrangement
Notes "January 2016."
Print version record
Subject Finance -- Honduras -- Statistics
BUSINESS & ECONOMICS -- Finance.
Finance
Honduras
Genre/Form Statistics
Form Electronic book
Author International Monetary Fund, issuing body.
ISBN 1513557033
9781513557038