LatinNews Daily - 03 December 2025

*The International Monetary Fund (IMF) and the Ecuadorean authorities have reached a staff-level review on policies and reforms needed to complete the fourth review of the country’s US$5bn Extended Fund Facility (EFF). This agreement, which is pending approval by the IMF’s executive board, would permit the disbursement of the next US$620m in the EFF programme. An IMF statement did not provide details on the economic policies and reforms that were discussed with President Daniel Noboa’s government. It said that the Noboa administration has “taken firm actions to strengthen fiscal sustainability and liquidity buffers, while protecting the most vulnerable,” and that as a result, “government deposits and liquidity conditions have improved, and sovereign spreads have substantially narrowed.” In addition, it said, “the authorities continued advancing their ambitious structural reform agenda to safeguard financial stability, enhance governance, and boost private investment and job-rich growth.” The IMF said that Ecuador’s economy has shown “remarkable resilience” amid low oil prices, with real GDP rebounding strongly in the first three quarters of the year due to a recovery in domestic demand and strong non-oil exports.

End of preview - This article contains approximately 182 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial