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IMF reviews Honduras stand-by credits

Thursday, November 3, 2016


On October 26, the Executive Board of the International Monetary Fund completed the combined third and fourth reviews of Honduras’ performance under an economic program supported by a three-year Stand-By Arrangement and a two-year arrangement under the Stand-By Credit Facility.

This blended program was approved on December 3, 2014 in the amount of about $188.6 million, the equivalent of 100 percent of Honduras’ quota in the IMF at that time.

Source: IMF