|
Mar 16
2010
|
  |
 |
IMF Mission Arrives in Honduras to Evaluate Finances
CONTACT: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
TEGUCIGALPA/March 15/Xinhua News Agency/ -- A technical team from the International Monetary Fund (IMF) arrived in Honduras on Monday on a mission to evaluate the country's public finances and financial plans after the new government took office in January.The IMF team will stay in Honduras till March 25 and will meet Finance Ministry and Central Bank officials, as well as senior government leaders and business leaders.
Honduran Finance Minister William Chong Wong told local media on Monday that the IMF team's visit "is normal, because they arrive in the country every year, but the meeting had been interrupted for the political event of June 28 of last year," referring to the army-backed coup.
"They come to review where we are, to make a diagnosis ... to put the finances in order," Chong said.
Honduras saw some 450 million US dollars in international aid frozen due to the coup as the European Union, the World Bank and Inter-American Development Band all halted funding. However, the World Bank resumed aid to Honduras in February after President Porfirio Lobo's inauguration.
TrackBack URI for this entry
Subscribe to this comment's feed
Follow us on Twitter
Join our Facebook group
