IMF Announces New Agreement with Ecuador to Disburse $710 Million
6 Articles
6 Articles
"With the support of the EFF, the authorities have made significant progress in achieving macroeconomic stability, rebuilding protection reserves and strengthening resilience," explained the institution's statement. Ecuador successfully passed the sixth revision of the EEF, which "will have immediate access to approximately 280.5 million special drawing rights (SDRs), equivalent to about 380 million dollars," explained the text referring to the …
The multilateral noted that the country met the quantitative targets of the SAF agreement. New financing will help mitigate climate risks and other fronts.
Ecuador approved the sixth revision of the goals of the credit program that it maintains with the International Monetary Fund (IMF), according to the technical team of the agency this November 9, 2026.
Learn about the scope of the agreement with the IMF that opens a new $710 million line.
The loan program, signed in 2024 by the Government of Daniel Noboa, provides for a total funding of $5 billion until March 2028.
To complete the agreement, Ecuador will have to complete three additional revisions, scheduled for March and September 2027 and March 2028
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