Sovereign Analysis /

Ecuador protests overshadow IMF programme review

  • IMF approved the combined fourth and fifth reviews of Ecuador's extended fund facility last week, as expected

  • The IMF noted good macro management, support from higher oil prices and authorities' commitment to strengthen governance

  • Despite the good news, challenging financing conditions and protests have hit Ecuador's bonds; downgrade to Hold

Ecuador protests overshadow IMF programme review
Stuart Culverhouse
Stuart Culverhouse

Chief Economist & Head of Fixed Income Research

Tellimer Research
27 June 2022
Published byTellimer Research


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