INSUBCONTINENT EXCLUSIVE:
in April 2024.The country received an immediate $1 billion disbursement following approval
The IMF completed its first review in December 2024, releasing approximately $500 million after confirming Ecuador met all performance
with multilateral organizations
The government maintains continuous dialogue with the IMF ahead of the upcoming review.This third payment forms part of ten scheduled
disbursements structured throughout the four-year program
Targets for Third $4 Billion Loan Disbursement
(Photo Internet reproduction)The IMF projects a more modest 1.2% expansion after the economy contracted by 1.5% in the third quarter of 2024
administration implemented several fiscal reforms to address these challenges
These include raising the value-added tax from 12% to 15% to fund security measures against organized crime.The government aims to reduce
the fiscal deficit from 5% to 4% of GDP this year
stability.Success depends on consistent implementation of reforms amid challenging conditions
The agreement also helps Ecuador manage substantial external debt obligations between 2024 and 2026, totaling approximately $9.3 million to
