Ecuador: Third Review Under the Extended Arrangement Under the Extended Fund Facility, Request for Rephasing, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

International Monetary Fund

No 2025/289, IMF Staff Country Reports from International Monetary Fund

Abstract: The Ecuadorian authorities have made significant progress in the implementation of their economic program, supported by the Extended Fund Facility (EFF) arrangement of SDR 3.75 billion (537 percent of quota, about US$5 billion), approved by the Executive Board in May 2024 and augmented in July 2025. The authorities have taken bold actions to strengthen fiscal sustainability and liquidity buffers, while protecting the most vulnerable. These included implementing high-quality revenue and expenditure reforms alongside targeted compensatory measures to protect vulnerable groups. In addition, the authorities continued advancing their ambitious structural reform agenda to safeguard financial stability, enhance governance, and boost private investment and job-rich growth.

Keywords: IMF staff; Ecuadorean authorities; supervisory authority; expenditure reform; arrangement of SDR; Eff arrangement; Oil; Anti-money laundering and combating the financing of terrorism (AML/CFT); Public sector; Global (search for similar items in EconPapers)
Pages: 113
Date: 2025-10-29
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