IMF Staff Country Reports

Honduras: Debt Sustainability Analysis 2006

December 14, 2006

Preview Citation

Format: Chicago

Honduras: Debt Sustainability Analysis 2006, (USA: International Monetary Fund, 2006) accessed December 26, 2024

Summary

In the IMF staff’s view, Honduras’s debt is subject to a moderate risk of distress. The framework follows a methodology for assessing the risk of debt distress in low-income countries (LICs), guided by indicative, country-specific external debt burden thresholds derived from the empirical finding that sustainable debt levels for LICs increase with the quality of policies and institutions. The debt sustainability analysis (DSA) is based on various assumptions. The evolution of the domestic debt has also improved. Two major exogenous factors and one policy assumption underlie the macroeconomic framework of the baseline scenario.

Subject: Asset and liability management, Debt burden, Debt relief, Export performance, External debt, International trade, Public debt

Keywords: Central America, CR, Current account, Debt burden, Debt relief, Export performance, GDP deflator, HIPC debt relief, ISCR, Long-term debt, NPV of debt-to-GDP ratio, NPV of debt-to-revenue increase, NPV of debt-to-revenue ratio, NPV of debt-to-revenues ratio, NPV terms, Real GDP growth, Sustainability Framework, U.S. dollar

Publication Details

  • Pages:

    18

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/442

  • Stock No:

    1HNDEA2006005

  • ISBN:

    9781451817195

  • ISSN:

    1934-7685