Ecuador under IMF evaluation for possible loan
The International Monetary Fund is evaluating Ecuador's current situation to determine whether to grant a new disbursement of $400 million, according to the Extended Fund Facility schedule
Ecuador will be evaluated this month, for the fifth time, by the International Monetary Fund (IMF) technical team to determine the allocation of a new disbursement of $400 million, according to the Extended Fund Facility schedule.
If the progress is validated by the international organization, the South American country could access a new tranche of financing in 2026.
The IMF evaluation is part of the Extended Fund Facility (EFF), “a 48-month program approved in May 2024 and expanded in July 2025.” Furthermore, the agreement includes financing equivalent to SDR 3.75 billion – approximately US$5 billion – and aims to strengthen fiscal and debt sustainability, protect vulnerable groups, rebuild liquidity buffers, safeguard macroeconomic and financial stability, and advance structural reforms geared towards sustainable and inclusive growth.
During the fourth review, the IMF highlighted that the Latin American nation’s economy “showed signs of recovery, with projected real GDP growth of 3.4 % in 2025, low average inflation, and current account surpluses, which contributed to strengthening international reserves.”
However, it made clear that the economy still faces a scenario characterized by volatility in oil prices and international financial markets.
M.Pino
Source: infobae
(Reference image source: Mauricio Muñoz on Unsplash)
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