Sovereign Analysis /
Ecuador

Ecuador: Staff agreement on IMF programme review positive for President Lasso

  • IMF announces staff-level agreement on combined second and third reviews of the EFF

  • Board approval, subject to some prior actions, will allow disbursement of US$800mn; more IFI money will follow

  • We upgrade to Buy from Hold based on the authorities' policy commitment and strengthening ability to pay

Ecuador: Staff agreement on IMF programme review positive for President Lasso
Stuart Culverhouse
Stuart Culverhouse

Head of Sovereign & Fixed Income Research

Tellimer Research
9 September 2021
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