US EditionEcuador Would Accede to $394 Million After Reaching Agreement with Imf Team
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4 Articles
A team from the International Monetary Fund (IMF) reached an agreement with the Ecuadorian authorities on the fifth revision of the Fund's Expanded Service (SAF) agreement, which has been in force since 2024 and amounts to $5 billion.
Ecuador took a new step in its financing program with the International Monetary Fund (IMF), after the organization's technical team, led by Patrizia Tumbarello, approved the fifth revision of goals of the current agreement for USD 5 billion.
For such a money transfer to exist, the government of Daniel Noboa requires the approval of the IMF Board of Directors. As part of the USD 5 billion credit program, Ecuador is one step away from obtaining another disbursement from the International Monetary Fund (IMF) in the amount of USD 394 million.
The agency emphasized that the Ecuadorian economy maintains a sustained recovery, with a rebound of real GDP in 2025 driven by domestic demand
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