Ecuador and IMF rebuild relationship

Ecuador has rebuilt its relationship with the International Monetary Fund (IMF), the agency with which it hopes to reach a sustainable agreement over time and beneficial for both parties, said the Minister of Economy. Despite the rapprochement between the Government and the IMF, financing by the multilateral agency has not yet been finalized.  However, there is a predisposition on both sides for a possible disbursement. The Minister of Economy and Finance, Ricardo Martinez, reiterated yesterday that although they have been rebuilding relations with the IMF, the country has identified several sources of financing, both national and international to cover about…

Want to read the whole story?

Subscribe to The Cuenca Dispatch and gain full access to this story, weekly issues, plus the entire running archive! With your subscription, you will gain access to all the news you'll need concerning Ecuador as a United States expat.

Subscribe now for only