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Balance of Payment - Honduras
Summary
The Poverty Reduction and Growth Facility (PRGF) is the International Monetary Fund’s (IMF) support for low-income countries. ... Monetary and exchange rate policies will aim at gradually reducing inflation to the level of Honduras main trading partners, within the context of an interest adjusting exchange rate arrangement. The process facilitates the restoration of payments equilibrium among Honduras’ main trading Nations. ...
Adjustment Objective
The main objectives of Honduras 2004-2006 economic program are to reduce poverty by reactivating the poverty-reduction strategy, and to strengthen growth by reversing the financial deterioration, implementing important structural reforms, supporting investment, and fostering trade liberalization.
Approximate Word count = 499 Approximate Pages = 2 (250 words per page double spaced)
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