Ecuador First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

On September 30, 2020, the IMF Executive Board approved a 27-month arrangement under the Extended Fund Facility (EFF) with exceptional access (SDR 4,615 million, 661 percent of quota, about $6.5 billion) to help Ecuador restore macroeconomic stability and pursue the unfinished structural agenda from...

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Bibliographic Details
Corporate Author: International Monetary Fund Western Hemisphere Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Staff Country Reports
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Ecuador 
653 |a Fiscal stance 
653 |a Energy: Demand and Supply 
653 |a Credit 
653 |a Public debt 
653 |a Oil prices 
653 |a Infectious & contagious diseases 
653 |a Public finance & taxation 
653 |a Oil 
653 |a Monetary economics 
653 |a Investments: Energy 
653 |a Debt Management 
653 |a Debts, Public 
653 |a Fiscal Policy 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Debt 
653 |a Fiscal policy 
653 |a Petroleum industry and trade 
653 |a Money 
653 |a Sovereign Debt 
653 |a Commodities 
653 |a Energy: General 
653 |a Banks and Banking 
653 |a Prices 
653 |a Macroeconomics 
653 |a Banking 
653 |a Business and Economics 
653 |a Investment & securities 
653 |a Diseases: Contagious 
653 |a Public Finance 
653 |a Money and Monetary Policy 
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520 |a On September 30, 2020, the IMF Executive Board approved a 27-month arrangement under the Extended Fund Facility (EFF) with exceptional access (SDR 4,615 million, 661 percent of quota, about $6.5 billion) to help Ecuador restore macroeconomic stability and pursue the unfinished structural agenda from the previous program. High frequency indicators point to improvements in economic activity after bottoming out in Q2, while oil prices have been declining relative to earlier assumptions, leaving the macroeconomic outlook broadly unchanged over the medium term