IMF statement: No involvement in Honduras’ Tax Justice Law, Stand-By Agreement ongoing
The International Monetary Fund (IMF) has stated that the Tax Justice Law is not necessary for the approval of the Stand-By Agreement with Honduras, marking an important shift in the interaction between the international entity and the nation's authorities. This step occurs as Honduras aims to obtain further disbursements exceeding $200 million, aimed at bolstering public finances and averting possible economic strains.Severance from the IMF and its political implicationsThe IMF declaration suggests that Honduras' ability to access the financial agreement is not reliant on the passage of the Tax Justice Law. This stance by the global entity establishes a situation…