The International Monetary Fund (IMF) is to send a team of experts to Honduras in early March to review the tax exemptions employed by the Government, the head of the Executive Directorate of Revenue (DEI), Miriam Guzman, said. Guzman said that tax exemptions, which are used to attract investment in certain sectors and to stimulate […]
According to representatives of the International Monetary Fund known as the “IMF”; the general leadership of the organization seems to be supportive of the government designed anti-corruption establishment (the MACCIH, or Mission against Corruption and Impunity), believing that the installation has the potential to begin to once again attract foreign investment in Honduras. This sentiment […]
Finance Minister William Chong Wong resigned yesterday. Speculation is that it most likely is due to the IMF Press Release last week, wherein it outlined that Honduras didn’t reach its 2011 International Monetary Fund (IMF) goals. Although according to the IMF press release, “The mission noted achievements in economic growth and control of inflation and […]
President of the Central Bank of Honduras (BCH), María Elena Mondragón, announced that a mission from the International Monetary Fund (IMF), will arrive in Honduras next week. Ten days remain for assessing the compliance of INPREMA with the economic program of 2011, and initiating talks for the feasibility of signing a new agreement. BCH President […]
A staff mission from the International Monetary Fund (IMF) visited Tegucigalpa from September 7-10th to continue discussions on a new IMF arrangement in support of the Government’s economic program. Mr. Przemek Gajdeczka, the IMF’s mission chief for Honduras, issued the following statement at the end of the mission: "I am pleased to inform that the […]