IMF still recognizes Zelaya as prez

WASHINGTON: The International Monetary Fund said Thursday it had consulted its member nations and decided to continue to recognize ousted President Manuel Zelaya as head of state of Honduras.

"In recent weeks, the Fund consulted its membership through its Executive Directors," the IMF said in a brief statement.

"Based on this consultation, IMF Management has determined that it will recognize the government of President Zelaya as the government of Honduras."