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Public expenditures for decentralized governance in Honduras : towards restoring fiscal consolidation : Honduras - Analisis del gasto publico : hacia el restablecimiento de la consolidacion fiscal (Español)

Fiscal consolidation remains the central challenge facing Honduras, mainly due to increasing current expenditures. The widening fiscal deficit has been driven by a significant increase in current expenditures. These increased current expenditures, which add rigidity to the budget, have occurred at the expense of investments. The efficiency of spending remains a key constraint. Limited improvements, especially in health and education outcomes despite...
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