IMF Ready to Deal With New Honduran Government

The International Monetary Fund is recognizing and is ready to deal with the new administration of Honduran President Porfirio Lobo, a spokesman for the agency told Reuters March 5. The announcement came a day after the U.S. called on countries in Latin America to normalize relations with Honduras, which was shunned by the international community following last year’s coup that ousted President Manuel Zelaya.

IMF spokesman Andreas Adriano said the lender will send a team to Honduras to perform an economic assessment. He clarified that the Honduran government has yet to request IMF for financial aid. 

About the author

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    Eliza Villarino

    Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.

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