Honduras - Enhanced Heavily Indebted Poor Countries (HIPC) Initiative (Inglés)

The staffs of the IMF and IDA consider that Honduras has met all but one of the conditions for reaching the completion point under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative, as specified in the decision point document. A waiver is...  Vea más + The staffs of the IMF and IDA consider that Honduras has met all but one of the conditions for reaching the completion point under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative, as specified in the decision point document. A waiver is recommended for nonobservance of the unmet condition, which refers to the substantive application of Basel Core Principles in the financial sector. Completion of the second review of the Poverty Reduction and Growth Facility (PRGF) arrangement, as recommended by Fund staff, would provide evidence that Honduras's macroeconomic program is on track, and the government has made significant progress in implementing its structural adjustment program. The staffs consider that, despite a difficult political and economic environment, important progress has been made in the implementation of the Poverty Reduction Strategy Paper (PRSP), which was prepared in broad consultation with civil society and the donor community, and provides sufficient evidence of the government's continuing commitment to poverty reduction.  Ver menos -