Flash Report /
Ecuador

Ecuador: IMF approves programme review as expected

  • IMF Board approves combined second and third reviews of the EFF, allowing immediate disbursement of US$800mn

  • Approval follows staff-level agreement earlier this month

  • Focus now on gaining legislative approval for President Lasso's economic reform bill; maintain Buy on the dollar bonds

Ecuador: IMF approves programme review as expected
Stuart Culverhouse
Stuart Culverhouse

Head of Sovereign & Fixed Income Research

Tellimer Research
1 October 2021
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