IMF May Withhold $164 Million Allocated to Honduras
Source: CEPR
IMF spokesperson Bill Murray indicated today that the Fund may not allow the de facto government of Honduras to have access to $164 million dollars that it was allocated on August 28.
Rebeca Santos, Finance Minister for the constitutional government of President Manuel Zelaya of Honduras, told CEPR that their government had received assurances from the IMF that the de facto government would not be allowed access to these funds.
When asked if he could confirm this, Mr. Murray indicated that he could not officially do so, but also said "you should go with what you were told" by the Finance Minister.