IMF board concludes fourth and fifth reviews for Ecuador, disbursing $1 billion

IMF board concludes fourth and fifth reviews for Ecuador, disbursing $1 billion

© Reuters. A woman and girl push their bikes past closed produce stalls at a market during anti-government protests as opposition lawmakers push for the removal of Ecuador’s conservative President Guillermo Lasso after nearly two weeks of mass protests led by indige

(Reuters) – The International Monetary Fund executive board said Friday it had concluded its fourth and fifth reviews for Ecuador’s 27-month Extended Fund Facility (EFF), allowing for the immediate disbursement of about $1 billion.

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