IMF coming to review status of requirements for further funding

This month the International Monetary Fund (IMF) will arrive in Ecuador to evaluate the country’s progress on (for the fourth time) the “goals” set by the international organization with the Government in March 2019. Last December, the IMF said there would be some “flexibility” with the goals because of the problems the country faced last October when it tried to remove fuel subsidies across the country (this was one of the IMF’s goals). Thru last December, the IMF released $1.4 billion dollars that it had agreed to provide for 2019. Similar amounts have been promised for 2020 and 2021. This…

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