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
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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