Moreno is scrambling to cover expenses with $3 billion from multilateral agencies and China, but is still securing firm commitments from those creditors. The 5-year IMF loan has an interest rate of 1.05%, the m
This study examines the affect of IMF-induced structural adjustment programs on several key indicators regarding the status of women in Ecuador. In particular, we focus on the evolution of female primary and secondary school enrollment and female labor force participation in time series data from ...
Ecuador's economy was already struggling when the pandemic broke out, leading it to seek a $6.5 billion financing agreement with the International Monetary Fund (IMF) last year. Cueva said the government remains in contact with the IMF to seek a "revision of goals," and that officials ...
Ecuador, is a country located at South America, it has an area of 256,370 Km2. Ecuador, with a population of 17,980,083 people, it is ranked at 70º position by population of 196 countries and it has a moderate population density, 70 people per km2. It
The International Monetary Fund (IMF) forecast a contraction in the country’s GDP of 6.7% for the year 2020 [10]. As of August 2020, there are no vaccines or treatments approved for mass use by the U.S. Food and Drug Administration (FDA) for COVID-19, but more than 165 vaccines ...
In 2019, the IMF granted Ecuador a USD4.2 billion loan to aid further economic restructuring efforts under the 'Ley Fomento Productivo' – the current economic plan under President Lenín Moreno. Fiscal consolidation and private sector development are pivotal for achieving macroeconomic stability. It ...
While Moreno was in Washington for the Inter American Dialogue, journalist Helena Villar grilled him on the INA Papers and the IMF loan’s role in the forfeiture of Assange to British authorities: There is some information and also the former president said that there was a link between the ...
The government remains committed to the Fund-supported program under the Extended Fund Facility (EFF) of SDR 4,615 million (661 percent of quota, about $6.5 billion) that was approved by the IMF Executive Board on September 30, 2020. Upon completion of the combined Fourth and Fifth Reviews ...
the improvement of local regulations related to integrated fire management, which is a shortcoming compared to other regulations applied in South America. In this context, and to understand the impacts of the Indigenous use of fire, a climatic analysis of the area was carried out, generating a ...
Reacting against the neo-liberal, investor-friendly mining policies of the 1990s, characterized by confidential contracts signed under pressure of the World Bank and the IMF, tax exemptions, and a preferential treatment of foreign mining corporations, amongst other things, the Tanzanian government has...