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Judi Lynn

(160,515 posts)
Fri Nov 1, 2013, 04:56 PM Nov 2013

Zelaya's wife to seek IMF deal if elected in Honduras - running mate

Zelaya's wife to seek IMF deal if elected in Honduras - running mate

By Gustavo Palencia

TEGUCICALPA | Fri Nov 1, 2013 3:44am GMT

(Reuters) - The wife of ousted Honduran president Manuel Zelaya will seek a deal with the International Monetary Fund (IMF) to resolve a mounting debt crisis if she wins next month's presidential election, her running mate said on Thursday.

Juliette Handal, the vice-presidential candidate of Zelaya's wife Xiomara Castro, said their leftist Liberty and Refoundation Party (LIBRE) would seek assistance from the IMF to help tackle the country's bloated budget deficit.

"We're going to seek an accord with the International Monetary Fund based on reality; it's necessary, we're very clear about this," Handal told Reuters in Tegucigalpa as her party presented its plan for governing the country.

Honduras, the biggest exporter of coffee in Central America, is on track to post a budget deficit of at least six percent of gross domestic product for the second year running.

The election will be held on November 24, and latest polls show Castro and her conservative rival Juan Hernandez, head of Honduras' Congress, are running neck-and-neck.

More:
http://uk.reuters.com/article/2013/11/01/uk-honduras-election-idUKBRE9A003H20131101?rpc=401&feedType=RSS&feedName=worldNews&rpc=401

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