IMF: Stand-by Agreement with Honduras not contingent on Tax Justice Law
The International Monetary Fund (IMF) issued a statement specifying that the Tax Justice Law is not a requirement for finalizing the Stand-by Agreement with Honduras. The international organization's clarification comes at a critical moment, as the country seeks access to additional disbursements of more than $200 million to strengthen public finances and reduce risks of economic destabilization.The separation of the IMF from the legislation shapes a challenging political and economic landscape. Previously, certain governmental sectors had showcased the law as crucial for obtaining international financial aid. Nonetheless, the institution clarified that the legislation's approval is not necessary for the economic…