The consultations for performing this update were carried out in Tegucigalpa from September 18 to October 2, 2003, in the context of preparing a report on public expenditure management. The IMF mission comprised Mr. Julio Viñuela-Díaz (Mission Chief), Mrs. Sónia Muñoz (FAD) and Mr. Juan Ramón Ruiz (member of the FAD panel of experts).
The original fiscal ROSC, entitled Honduras: Report on the Observance of Standards and Codes-Fiscal Transparency Module (IMF Country Report No. 02/16, February 2002), is available on the IMF Web site http://www.imf.org/external/pubs/ft/scr/2002/cr0216.pdf.
Definitions in articles 1-2 of this law include: central government (comprising the central administration, deconcentrated entities, and noncommercial decentralized entities), general government (comprising central government and local governments) and nonfinancial public sector (comprising general government plus nonfinancial commercial decentralized entities or nonfinancial public enterprises).
The Planning and Management Assessment Unit (UPEG) of the Finance Secretariat (SEFIN) began also providing detailed information on the nonfinancial public sector under the revised definitions though mainly for internal use.
However, this data is incomplete and not necessarily consistent owing to the diversity of accounting systems used by the decentralized entities.
Fiscal sustainability analysis are however available in Fund program documents published by the authorities.
Decree 74 of July 1, 2001. The regulations for the Law were approved by Executive Agreement 055 of May 15, 2002.
According to the authorities, resources managed through the Hondutel-UNDP program are decreasing and a deadline exists for the termination of this program.
Decree 10–2002–E of January 20, 2003.
Official Journal (“La Gaceta”), November 20, 2003.