This report evaluates Honduras’s fiscal transparency practices in relation to the IMF Fiscal Transparency Code (FTC). Honduras’s score is similar to those of other Latin American countries and emerging market economies that have undergone the evaluation. In relation to the fiscal transparency principles, Honduran practices are considered basic in 15 areas; good in seven areas; and advanced in six areas. Fiscal transparency practices in the area of fiscal forecasting and budgeting are the strongest, while the fiscal risk analysis and management practices are the weakest. Finally, Honduras’s current fiscal transparency practices fall short of the FTC principles in eight areas.
the transparency portal, other portals contribute to transparency in public resources management . HoncuCompras is a web-based procurement information system that disseminates and manages information on contracting procedures conducted by entities subject to provisions of the Government Procurement Law. The public platform provides access to information on suppliers, public institutions, and international cooperation for monitoring, control, and audit purposes. Another important portal is the sistema de informaciónyseguimientodeobrasycontratosdesupervisión