HONDURAS 

DMFAS user institution(s): Ministry of Finance; Central Bank
DMFAS start date (country) : 1988 (Ministry of Finance and Central Bank)
Project status in 2008: Active
Funding source of active project:   Government (World Bank loan)
Start date of active project: June 2006
DMFAS current installation: 5.3 in Ministry of Finance (August 2005)
Note:
The Central Bank is connected to the Ministry of Finance’s database by network.
Version language: Spanish
System operational status:

  • Database regularly kept up to date (Ministry of Finance and Central Bank);
  • System used for monitoring and internal reporting (Ministry of Finance and Central Bank);
  • System used for external reporting and statistics (Ministry of Finance and Central Bank).

Link with other system: Yes
Note(s):

  • Link with IFMS (SIAFI) is currently being revised due to the reengineering of the SIAFI.
  • The government uses the automatic bridge between DMFAS and DRS, the World Bank’s Debtor Reporting System.
  • In December 2008, the Ministry of Finance and UNCTAD signed an amendment to the project document in order to finance a CTA for 8 months who will help establish the database on municipal debt and assist in the final implementation stage of the interface.

Activities in 2008 (project and non-project):

  • Continued development of the SIAFI link by the Ministry of Finance IT staff.

  • Continued support was provided to the Ministry of Finance and Central Bank by an UNCTAD Chief Technical Advisor, posted in Honduras, during the year.   This support included assistance in restructuring the debt office (particularly the back and middle office), on creating a private debt database in the Central Bank, and assistance in entering HIPC and MDI debt relief.  The CTA also helped define the SIAFI interface, as well as gave assistance in the development of the replication mechanism between the two institutions.

  • On-going DMFAS Programme support (including project management, administrative, documentation and IT) regarding implementation of the DMFAS system as well as  current and future capacity-building activities was provided from Geneva during the year. In addition to the organization of project activities this included, for example, DMFAS Helpdesk user support.   The latter responded to seven country-specific assistance requests during the year.

Note:
The debt office is currently undergoing a major restructuring, hence the roles and functions of the debt office will be newly distributed and tasks newly assigned.

Planned activities:
Continued DMFAS support regarding implementation of the DMFAS system as well as other capacity-building activities in debt management.  Including:

  • DMFAS Helpdesk user support

  • Continued support in the reorganization of the Debt Office through the resident Chief Technical Advisor

  • Assistance in building up the database on municipal and debt of parastatal enterprises at the MoF

  • Debt Portfolio Analysis workshop, in 2009.

  • Participation (by the Central Bank and the Ministry of Finance) at UNCTAD’s regional workshop on debt statistics.

  • Final project evaluation mission.