IMF board completes Ecuador review, allowing for release of $500 million
QUITO (Reuters) – The IMF on Thursday said its executive board completed the first review of an extended fund facility for Ecuador, allowing for an immediate disbursement of around $500 million. In a statement, the IMF noted Ecuador’s “significant progress” implementing its economic reform program. “The authorities’ strong and decisive policy efforts helped safeguard macroeconomic …
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