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Article IV Staff Reports



Projected % Change
   2016  2017
Real GDP -4.5 -4.3
Consumer Prices 1.6 0.2
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Ecuador: Financial Position in the Fund

Transactions with the Fund


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Ecuador and the IMF
Updated September 9, 2016

On July 8, 2016, the Executive Board of the International Monetary Fund concluded the consideration of the 2016 Article IV consultation of Ecuador. Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.
The authorities need more time to consider the publication of the staff report and the related press release.

The last Article IV Executive Board Consultation was on July 08, 2016. Listed below are items related to Ecuador, in reverse chronological order (you can also view items by category).

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March 21, 2003 -- Press Release: IMF Approves US$205 Million Stand-By Arrangement for Ecuador
March 14, 2003 -- Ecuador: Report on Observance of Standards and Codes -- Data Module; Response by the Authorities; and Detailed Assessment Using Data Quality Assessment Framework
Series: Country Report No. 03/74
March 13, 2003 -- Ecuador -- Supplementary Letter of Intent, March 13, 2003
This Letter of Intent of the government of Ecuador describes the policies that Ecuador intends to implement in the context of its request for financial support from the IMF.
February 10, 2003 -- Ecuador -- Letter of Intent, Memorandum of Economic Policies, and Technical Memorandum of Understanding, February 10, 2003
This Letter of Intent of the government of Ecuador describes the policies that Ecuador intends to implement in the context of its request for financial support from the IMF.
February 10, 2003 -- Press Release: IMF Managing Director Meets Ecuadorian President Lucio Gutiérrez
January 31, 2003 -- Ecuador -- Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
January 31, 2003 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
Good morning, everyone. I'm Tom Dawson, Director of External Relations at the IMF, and this is another of our regular press briefings. As is standard, the briefing will be embargoed until approximately 15 minutes after conclusion, and we'll set a precise time at that point.
January 22, 2003 -- Transcript of an IMF Economic Forum: A New Approach to Sovereign Debt Restructuring: An IMF Proposal
January 16, 2003 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, IMF External Relations Department
This is another of our regular press briefings. Before I take questions, I would like to flag a couple of events that are on the home page of our external website: the Sovereign Debt Restructuring Mechanism Conference on January 22nd and the Global Linkages Conference on January 30th and 31st. Both will be held here at Fund headquarters.
December 19, 2002 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, IMF External Relations Department
We are having discussions with the Argentine authorities on a number of issues, and this is not a headline issue of the sort that perhaps it got over the weekend.
December 05, 2002 -- Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
As you know, Managing Director Horst Köhler will be departing this evening for Brasilia for meetings with the current and future leadership of the nation.
October 24, 2002 -- Press Briefing by Thomas Dawson, Director, IMF External Relations Department
We are presently in very intensive and detailed discussions with the authorities. As you know, a team of senior Argentine authorities--officials led by Mr. Nielsen-- was in Washington until recently, and we have maintained close contact with them and the authorities since their return.
October 17, 2002 -- Sovereign Debt Restructuring: Where Stands the Debate? Speech by Jack Boorman, Special Advisor to the Managing Director of the IMF
Given at a conference cosponsored by the CATO Institute and The Economist, New York
September 28, 2002 -- IMFC Statement by Mr. Pedro Malan, Minister of Finance of Brazil, on behalf of the Constituency comprising Brazil, Colombia, Dominican Republic, Ecuador, Guyana, Haiti, Panama, Suriname, and Trinidad and Tobago
The International Monetary and Financial Committee statement on behalf of the Constituency comprising Brazil, Colombia, Dominican Republic, Ecuador, Guyana, Haiti, Panama, Suriname, and Trinidad and Tobago
August 29, 2002 -- Transcript of a Press Briefing By Thomas C. Dawson, Director, External Relations Department, IMF
This is another of our regular press briefings, although it is our first briefing since August 1st. We'll be moving back to a two-week schedule at this point now that the Executive Board recess has ended.
May 16, 2002 -- Transcript of Press Briefing, By Thomas C. Dawson, Director, External Relations Department, IMF
May 16, 2002 -- Transcript of Press Briefing, By Thomas C. Dawson, Director, External Relations Department, IMF
April 20, 2002 -- Statement by Mr. Pedro Malan, Minister of Finance of Brazil to the International Monetary and Financial Committee, Washington, D. C., April, 20, 2002
The International Monetary and Financial Committee statement on behalf of the constituency comprising Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Spain, Venezuela
December 10, 2001 -- News Brief: IMF Approves US$95 Million to Ecuador Under Stand-By Arrangement
November 17, 2001 -- Statement by Mr. Pedro Malan, Minister of Finance of Brazil, at the International Monetary and Financial Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Brazil, Colombia, Dominican Republic, Ecuador, Guyana, Haiti, Panama, Suriname, and Trinidad and Tobago

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