Central Bank of Honduras legislation needs to be ‘fast tracked’, says IMF

Implementation of inflation targeting regime hinges on legislative change, IMF says in latest report

honduras-map

Measures to strengthen the mandate and autonomy of the Central Bank of Honduras need to be "fast tracked", according to a new International Monetary Fund report.

Published today (November 23), the fund's latest Article IV report said a number of policies needed to be implemented quickly to strengthen the central bank's mandate for price stability. The changes would enable the institution to continue establishing an inflation targeting framework – a decision which was taken in 2014.

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