Economic resilience continues, and the recalibration of monetary and
exchange rate policies initiated in 2024 is bearing fruit, with the economy rebalancing,
inflation contained, international reserves strengthening, and foreign exchange market
conditions improving. Progress under the Fund-supported program is catalyzing
external financing, including from the private sector. The authorities remain strongly
committed to the program, a key anchor for Honduras in the context of heightened
external risks and domestic uncertainty as the November 2025 elections approach.