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01871cas a2200241 a 4500 |
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AALejournalIMF014897 |
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|c 5.00 USD
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|z 9781498323758
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
|b Western Hemisphere Dept.
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|a Honduras :
|b Request for a Stand-By Arrangement and an Arrangement Under the Standby Credit Facility.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2014.
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|a 1 online resource (94 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The government of President Hernandez inherited a difficult macroeconomic situation upon taking office in January 2014. Economic growth decelerated significantly in 2013, driven mainly by lower private demand from policy uncertainty and by weaker trade-partner growth. The fiscal accounts weakened considerably in 2011-13, reflecting sizeable increases in government spending and in the deficit of the state-owned electricity company. The relaxation of fiscal policy has led to a rapid increase in public debt, which would continue into the medium term absent a change in economic policies. The balance of payments position has also weakened over the last three years, reflecting both expansionary macroeconomic policies and a less favorable terms of trade.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2014/361
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2014/361/002.2014.issue-361-en.xml
|z IMF e-Library
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