Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes
Macroeconomic developments in Honduras over the last four years have been generally favorable, largely reflecting a benign external environment. Honduras' medium-term macroeconomic outlook, however, is clouded by several significant fiscal cha...
| Main Author: | |
|---|---|
| Format: | Public Expenditure Review |
| Language: | English en_US |
| Published: |
Washington, DC
2012
|
| Online Access: | http://documents.worldbank.org/curated/en/2007/11/8961880/honduras-public-expenditure-review-vol-2-2-background-chapters-annexes http://hdl.handle.net/10986/7670 |
| id |
okr-10986-7670 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-76702021-04-23T14:02:38Z Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes World Bank Macroeconomic developments in Honduras over the last four years have been generally favorable, largely reflecting a benign external environment. Honduras' medium-term macroeconomic outlook, however, is clouded by several significant fiscal challenges. These challenges include: (a) rising operating losses of the public enterprises; (b) rising public wages; and (c) popular pressures to increase subsidies in transport, fuel, and electricity, as well as to freeze gasoline and energy prices, in the wake of international oil price hikes. To satisfy the rapidly rising demand for education in Honduras, the educational wage bill will have to rise by approximately 41 percent in real terms over the next 10 years. Even without any further adjustments in 2010, due to the agreement reached with the teachers union in August 2006 (PASCE) salary increases are coupled with projected enrollment demand the educational wage bill stands to increase by 141 percent over the next 10 years. 2012-06-11T17:37:26Z 2012-06-11T17:37:26Z 2007-11-19 http://documents.worldbank.org/curated/en/2007/11/8961880/honduras-public-expenditure-review-vol-2-2-background-chapters-annexes http://hdl.handle.net/10986/7670 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Latin America & Caribbean Honduras |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| geographic_facet |
Latin America & Caribbean Honduras |
| description |
Macroeconomic developments in Honduras
over the last four years have been generally favorable,
largely reflecting a benign external environment.
Honduras' medium-term macroeconomic outlook, however,
is clouded by several significant fiscal challenges. These
challenges include: (a) rising operating losses of the
public enterprises; (b) rising public wages; and (c) popular
pressures to increase subsidies in transport, fuel, and
electricity, as well as to freeze gasoline and energy
prices, in the wake of international oil price hikes. To
satisfy the rapidly rising demand for education in Honduras,
the educational wage bill will have to rise by approximately
41 percent in real terms over the next 10 years. Even
without any further adjustments in 2010, due to the
agreement reached with the teachers union in August 2006
(PASCE) salary increases are coupled with projected
enrollment demand the educational wage bill stands to
increase by 141 percent over the next 10 years. |
| format |
Economic & Sector Work :: Public Expenditure Review |
| author |
World Bank |
| spellingShingle |
World Bank Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes |
| title_short |
Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes |
| title_full |
Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes |
| title_fullStr |
Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes |
| title_full_unstemmed |
Honduras : Public Expenditure Review, Volume 2. Background Chapters and Annexes |
| title_sort |
honduras : public expenditure review, volume 2. background chapters and annexes |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/11/8961880/honduras-public-expenditure-review-vol-2-2-background-chapters-annexes http://hdl.handle.net/10986/7670 |
| _version_ |
1764404364325158912 |