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IMF and Ecuador reach agreement on $6.5 billion low-interest loan

Published on September 01, 2020
Last Friday afternoon, the International Monetary Fund (IMF) announced that its technical team reached an agreement in principle with the Ecuadorian government. The agreement establishes an “exceptional access” of $6.5 billion over the next 27 months. Ceyda Oner, leader of the IMF mission in Ecuador,said, “I am pleased to announce that the Ecuadorian authorities and the […]

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