This web page provides information on the activities of the IMF's office in Honduras, views of IMF staff, and relations between Honduras and the IMF. Additional information can be found on the Honduras and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Honduras.
At a Glance
- Current IMF membership: 191 countries
- Honduras joined the Fund in December 27, 1945
- Total Quota: SDR 249.8 Million
- On July 1, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Honduras.
IMF's Work on Honduras
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December 10, 2024
Series:Country Report No. 2024/332
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December 6, 2024
The Executive Board of the International Monetary Fund (IMF) today completed the first and second reviews of the arrangements for Honduras under the Extended Fund Facility and Extended Credit Facility. The completion of the reviews enables the authorities to immediately draw about US$198 million (SDR 150 million), bringing total disbursements under the program so far to about US$315 million (SDR 239 million). Honduras’ 36-month arrangements totaling about US$823 million (SDR 624.5 million) were approved on September 21, 2023.
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Transcript of Western Hemisphere Economic Outlook October 2024 Press Briefing
October 25, 2024
Good morning. Welcome everyone. This is the press briefing for the Regional Economic Outlook for the Western Hemisphere. My name is Julie Ziegler, and I am with the Communications Department at the Fund. I'm going to introduce our panel today. To my immediate left is Rodrigo Valdes, who. the Director of the Western Hemisphere Department. And he is joined by his Deputies, Ana Corbacho and Luis Cubeddu.
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IMF Staff Concludes Visit to Honduras and Reaches Staff-Level Agreement
October 18, 2024
International Monetary Fund (IMF) staff and the Honduran authorities have reached staff level agreement on a set of comprehensive policies and reforms needed to complete the first and second reviews of Honduras’ program supported by the IMF.
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September 10, 2024
The Fund team welcomes the adoption by the Council of Ministers of Honduras of the 2025 draft Budget Bill. The draft Budget is in line with the authorities’ economic program supported by the IMF, providing space for critical social and infrastructure spending.
October 25, 2024
After successfully weathering a series of shocks, most countries in the region are converging to their (tepid) potential. Growth is expected to moderate in late 2024 and 2025, while inflation is projected to continue easing, although gradually. With output gaps mostly closed and inflation near target in most cases, policies should be rebalanced. Fiscal consolidation should advance without delay to rebuild buffers while protecting priority public investment and social spending. Most central banks are well placed to proceed with monetary easing, striking a balance between fending off the risk of reemerging price pressures and avoiding an undue economic contraction. Over the medium-term, growth is expected to remain close to its low historical average, reflecting long-standing, unresolved challenges. Pressing on with structural reforms will be key to boost potential growth and raise living standards.
Read the Report