Free Trial

Fitch Say Ecuador Developments Could Create Legislative Gridlock

LATAM
  • Voters’ rejection of President Guillermo Lasso’s proposed constitutional changes in a referendum will probably create legislative gridlock as the administration faces governability challenges, Fitch Ratings said in a note.
  • The blow to reform prospects and increased political uncertainty could hamper the govt’s efforts to meet next year’s expected funding gap even amid an improved external liquidity position and a 2022 fiscal performance that was better than expected.

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.