Technical Assistance for Government Debt Issuance and Management

$907.4K USD

Funder	Department of the Treasury
Recipient Organization	U.S. Government - Department of Treasury
Country	Honduras
Start Date	Feb 23, 2012
End Date	Nov 18, 2014
Duration	999 days
Number of Grantees	2
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`141232-75`

Grant Description

Assist in developing policies to recover from impacts of political turmoil and global financial crisis. Create greater transparency and accountability in formulation of indebtedness policy. Promote regular, market-based auctions of standardized instruments. Restructure existing debt into standardized issues.

Resolve quasi-fiscal debt managed by Banco Central de Honduras (BCH). Coordinate debt issuance and management between Ministry of Finance and BCH. Reorganize debt management office. Develop sovereign debt registry. Improve legal framework for sovereign debt. Improve cash budgeting and forecasting of future debt requirements.