Weekly Report - 05 March 2015 (WR-15-09)

HONDURAS | A good pupil. Ahead of the arrival on 9 March of a mission from the International Monetary Fund (IMF) for the first evaluation of the country’s new stand-by agreement (SBA), the Honduran finance ministry has reported that it beat last year’s fiscal deficit target. The deficit came in at 4.5%, compared with the budgeted 5.2%. Finance Minister Wilfredo Cerrato Rodríguez says that despite the better-than-expected result the government led by President Juan Orlando Hernández will stick to its tough 2015 deficit target of 4.0% of GDP.

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