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Ecuador :, Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

This paper discusses Ecuador’s Request for Purchase Under the Rapid Financing Instrument (RFI). The Ecuadoran authorities are requesting financial assistance under the IMF’s RFI to address the urgent balance of payments (BOP) needs associated with emergency and reconstruction efforts. Given the urgency of their request, they are not currently in a position to implement a full-fledged upper-credit-tranche program, and they believe they can make suitable adjustments to manage their medium-term BOP challenges. Given the nature of the emergency, the IMF staff supports the authorities’ request for a purchase under the RFI
Table Of Contents
Cover; CONTENTS; CONTEXT; ECONOMIC IMPACT OF THE EARTHQUAKE; OUTLOOK AND RISKS; POLICY ISSUES AND DISCUSSIONS; ACCESS AND CAPACITY TO REPAY; STAFF APPRAISA; BOX; 1. The April Earthquake; TABLES; 1. Selected Economic and Financial Indicators, 2008-21; 2. Operations of the Nonfinancial Public Sector (Net Accounting) (Millions of U.S. dollars), 2008-21; 3. Operations of the Nonfinancial Public Sector (Net Accounting) (Percent of GDP), 2008-21; 4. Nonfinancial Public Sector Financing, 2008-21; 5. Balance of Payments, 2008-21; 6. Monetary Survey, 2008-21; 7. Financial Soundness Indicators, 2008-16
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (39 p.)
Specific Material Designation
Form Of Item

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