Honduras programs / Honduras project 522-0365 · 1992 · financial sector
Cash grant of $25 million to the Government of Honduras (GOH) to support its structural adjustment program to raise income and employment levels. The grant will be dispersed in two $12.5 million tranches and will be used for private sector imports from the United States of environmentally benign agricultural inputs, spare parts, intermediate and capital goods, and petroleum products. The GOH will provide the local currency equivalent of the grant for use in mutually agreed upon development purposes. The main conditions precedent to the disbursements are that the GOH present evidence of progress in: (1) preparing/publishing implementing regulations for the Agricultural Modernization Law; (2) implementing the Investment Law; (3) implementing financial sector reforms; (4) implementing the tariff reforms specified in Decree 18-90 of March 1990; (5) meeting the targets of the stabilization program supported by the IMF; and (6) implementing Honduras's privatization program.
Source: DEC abstract, PD-ABE-822 (1992). The source's own text.
Operated in: Honduras.
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| Name | Role | Years | Basis | Evidence |
|---|---|---|---|---|
| Government of the Republic of Honduras | co signer | 1992 | Likely, not confirmed | 1 source |
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Operated in Honduras, 1992 2 sources
Scope: country: Honduras. The award code belongs to this country's mission. High confidence.
How sure we are: 0.9.
| Name | Years | Basis | Evidence |
|---|---|---|---|
| USAID. Mission to Honduras | 1992 | Stated in a document | 2 sources |
| Name | Years | Basis | Evidence |
|---|---|---|---|
| Honduras | 1992 | Stated in a document | 2 sources |
Sector profile (computed): Financial sector (banks, credit, microfinance, markets) 50%; Macroeconomic foundation for growth 23%; Energy (power, fuels, renewables, efficiency) 18%
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9 facts shown; 1 unconfirmed link; 0 support mechanisms (not programs); 2 documents cite this program.
Program key prj:5220365