IMF reaches agreement with Ecuador for a loan for 4 billion dollars

IMF reaches agreement with Ecuador for a loan for 4 billion dollars

Washington. The technical staff of the International Monetary Fund (IMF) and Ecuador “have reached an agreement” for a loan of about 4 billion dollars over four years, the financial institution reported in a statement. The agreement, reached within the framework of the Extended IMF Facility (EFS), is still subject to the approval of the Fund’s … Read more