IMF reviews Honduras stand-by credits

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