The mission will assess performance through end-March and update macroeconomic projections and the framework for economic and financial policy in 2011-2012.
On April 27, the Executive Board completed the first review of Honduras’ economic performance under a program that combines two IMF credit lines, the Stand-By Arrangement (SBA) and the Stand-By Credit Facility (SCF). At the consideration of the review, Executive Directors commended the authorities for the effective control of public sector expenditure and the launch of important structural reforms, which were key factors behind the strong program performance…
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One Response to "IMF to Visit Honduras"
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This is a huge opportunity for Honduras and its people to dig themselves out from the horrible conditions they find themselves in, the World keeps on trying to help us (loans, assistance, guidance, new business opportunities).
The first step is to start standing up to the Corrupt leadership and to the Crime Lords as well, it is ok for people to feel a little scared by them, but it is not as hard to stop them once we stand up to them, as any bully or coward, they are only as strong as our fear allows them to be.