Free Trial

Ecuador Government Seeking To Stabilise Fiscal Situation

LATIN AMERICA
  • Comments filtering through from Finance Minister Juan Carlos Vega holding a press conference in Quito:
    • Ecuador govt seeking to stabilize fiscal situation
    • Ecuador working closely with multilateral lenders
    • Ecuador 2023 deficit to approach $6b
    • Pledges to audit PetroEcuador accounts
    • Slower payments to central bank won’t hit reserves
    • Won’t expand central bank balance sheet
    • Ecuador working on mid-, long-term economic plan
    • Ecuador needs “clear debate” on fuel subsidies
    • Central bank planning gold sales
    • Ecuador working on plan to cut spending more than $1B (BBG)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.