IMF agrees on Ecuador's economic reform review, paving way for $500M loan disbursement.
The IMF and Ecuador have agreed on the first review of Ecuador's economic reform program, which could lead to a $500 million disbursement. This agreement, part of a larger 48-month, $4 billion loan facility, recognizes Ecuador's success in meeting economic targets. The funds aim to support the country's stability and growth, particularly amid an energy crisis due to a severe drought and power cuts.
4 months ago
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