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The International Monetary Fund said on Friday it has completed its second review of Ecuador's Extended Fund Facility and ...
By Maxwell Radwin Ecuador announced this month that it’s eliminating the Ministry of Environment and folding its ...
The IMF Executive Board completed the second review of the 48-month arrangement under the Extended Fund Facility (EFF) for Ecuador and approved an augmentation of the program of about US$1 billion ...
China financed and built Coca Codo Sinclair, Ecuador’s largest hydroelectric dam. Promised as an energy gamechanger, the dam ...
The IMF this week concluded the latest review of its $6.5 billion financing agreement with Ecuador, opening the way for a final disbursement of $700 million to the South American nation.
QUITO (Reuters) -The International Monetary Fund said on Wednesday that it reached a staff-level agreement with the Ecuadorean authorities on the second review for a proposed augmentation of $1 ...
The IMF on Thursday said its executive board completed the first review of an extended fund facility for Ecuador, allowing for an immediate disbursement of around $500 million. In a statement, the ...
IMF Backing The government would like to sign a standby agreement with the IMF but seeks at least a seal of approval from the Washington-based institution, which would facilitate Ecuador’s ...
In September 2020, Ecuador obtained a 27-month loan from the IMF for $6.5 billion, of which $4.8 billion has been delivered so far. The new $1 billion disbursement was announced Friday.
Ecuador reached a 27-month credit deal with the IMF for $6.5 billion in September 2020, which was renegotiated by President Guillermo Lasso and finishes at the end of this year.
Ecuador’s 2024 budget targets a lower fiscal deficit despite pressure to boost security spending, as the government seeks to boost its chances of a deal with the International Monetary Fund.
NEW YORK, April 13 (Reuters) - The International Monetary Fund has had discussions about financing with Ecuador, but it has not received any requests from the government for a new program, an IMF ...