Honduras: Report on Observance of Standards and Codes-Fiscal Transparency Module: Update

International Monetary Fund

No 2005/256, IMF Staff Country Reports from International Monetary Fund

Abstract: Honduras’s Report on the Observance of Standards and Codes on fiscal transparency is discussed. Great strides have been made in coordinating preparation of the budgets of the central government and the noncommercial decentralized entities, and in timing their congressional presentation and approval to coincide. The new Organic Budget Law mandates the incorporation into the budget of all the self-generated revenues and the foreign grants received by central government institutions and deconcentrated entities.

Keywords: ISCR; CR; government; budget; TSC; final accounts; policy document; government audit; revenue-outlay budget; executive branch; quarterly budget execution report; ROSC report; Budget planning and preparation; Public sector; Budget execution and treasury management (search for similar items in EconPapers)
Pages: 10
Date: 2005-07-29
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