Country Partnership Framework for the Republic of Honduras for the Period FY16 - FY20
Honduras’ recent economic performance has been positive, especially taking into account the global economic context. Real Gross Domestic Product (GDP) growth accelerated from 2.8 percent in 2013 to 3.1 percent in 2014 and 3.6 percent in the first h...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2015/12/25480989/honduras-country-partnership-framework-period-fy16-fy20 http://hdl.handle.net/10986/23663 |
| Summary: | Honduras’ recent economic performance
has been positive, especially taking into account the global
economic context. Real Gross Domestic Product (GDP) growth
accelerated from 2.8 percent in 2013 to 3.1 percent in 2014
and 3.6 percent in the first half of 2015. Growth has been
supported by improved terms of trade, higher remittance
inflows and export demand driven by the on-going recovery of
the United States (US), and improved investor confidence.
The new Country Partnership Framework (CPF) seeks to support
Honduras in its efforts to foster social inclusion, while
bolstering conditions for growth and reducing
vulnerabilities to enhance the country’s resilience. The
Government’s 2014-2018 Plan for a Better Life focuses on
four areas: (i) fostering peace and reducing violence; (ii)
generating employment and enhancing competitiveness; (iii)
reducing inequality and improving social protection for
enhanced human development; and (iv) enhancing transparency
and modernization of the State. The CPF seeks to support
critical components of this Plan, with an emphasis on the
themes of social inclusion, growth and resilience, also
highlighted as priorities in the WBG’s SCD. |
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