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LatinNews Daily - 29 October 2019
In brief: IMF visits Honduras to evaluate approved agreement
* An International Monetary Fund (IMF) delegation has arrived in Honduras to conduct the first revision of the US$311m Stand-by Arrangement and Standby Credit Facility it approved in July and to evaluate the electrical system reforms in the country. The delegation is headed by deputy division head Esteban Vesperroni and will remain in the country for 10 days. Vesperroni has already met representatives of the Cámara de Comercio e Industria de Cortés (CCIC) local business lobby, which expressed the necessity for “efficiency in the government with the goal of facilitating investment procedures” and “the acceleration of rescue measures for Honduras’s national electric energy company (ENEE)”.
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