Honduras Hosts IMF Delegation

During February, the country will receive an IMF mission to assess the agreement signed in 2010.

Monday, January 17, 2011

The president of the Central Bank of Honduras told the press that members expect 'good reviews' because they have been fulfilling the goals set by the Government.

"Indicators show that goals were reached, in some cases exceeded, such as international reserves," said Mondragon," Laprensa.hn reported.

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IMF Team to Visit Honduras

July 2010

The coming Tuesday Honduras will receive an IMF technical mission to negotiate the new economic program.

The team will be headed up by Przemek Gajdeczka, who also led the group that came in March for the Article IV consultation. Polish Gajdeczka will come with five subject area experts, especially in fiscal policy, which is what the Porfirio Lobo Sosa government is particularly struggling with.

Honduras - IMF Agreement Delayed

June 2010

The Executive Board of the International Monetary Fund will decide no earlier than July.

An IMF mission conducted discussions on the 2010 Article IV consultation with Honduras during May 17-27. The mission met with President Porfirio Lobo, the government’s economic team, as well as private sector and civil society representatives.

IDB Resumes Financing For Honduras

March 2010

The board of directors of the IDB has decided to resume relations with Honduras.

In a few days, the Inter-American Development Bank will send a mission to Honduras, which could announce the portfolio of joint projects for 2010.

"Most multilateral financial institutions such as IDB, the World Bank and the IMF suspended relations with Honduras after the political crisis", reported Laprensagrafica.com.

Honduras Hopes for Reactivation of Credit

November 2009

After the political agreement, the country hopes to restore international loans and cooperation estimated at $739 million.

The financial blockage was imposed by the United States, the European Union and Venezuela, together with financial institutions such as IMF, WB, IDB and CABEI, after the political events of June 28th.

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