1945

The Honduran economy grew by 3% in 1998; this was lower than the 1997 rate and below the 5% forecast by the authorities at the start of the year. During the first ten months, the economy moved ahead under the impetus of tax cuts and incentives to competitiveness and productivity that boosted domestic demand through private investment and consumption. At the same time, wise management of monetary policy brought inflation down to 13.7%.

Related Subject(s): Economic and Social Development
Countries: Honduras
/content/books/9789210582964s003-c012
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