Central bank independence key to Ecuador programme – IMF
Fund is expected to sign off on first review of extended fund facility in June, providing $250 million
International Monetary Fund staff and Ecuadorian authorities stressed the importance of enhancing the independence of the Central Bank of Ecuador in the first review of the country’s support programme.
On May 30, IMF staff and authorities reached an agreement on the first review of the three-year $4.2 billion extended fund facility (EFF) approved in March 2019. Anna Ivanova, leader of the IMF group in the country, said that subject to the executive board’s approval in June, authorities will
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