The International Monetary Fund (IMF) may want Honduras to devalue the currency, according to the report issued reviewing Honduras’ macroeconomic policy. The good news, is that they project a gradual recovery in economic activity for Honduras in 2010. Executive Board Assessment The “Executive Directors noted that the global slowdown and domestic political tensions in 2009 […]
The Board of the International Monetary Fund (IMF) in Washington today approved the final report on the evaluation of the fourth article. The IMF mission in May assessed the performance of the Honduran economy and recommended expanding controls over public expenditures, especially the wage bill which accounts for 90 percent of tax revenues. The Finance […]
Honduras achieved an agreement with the International Monetary Fund (IMF) the president of the Central Bank of Honduras (BCH), Maria Elena Mondragon said today. The Honduran senior official announced that on Monday, the board will know the report on the review of the fourth article, which was the reason for the arrival of the mission […]