Executive Board
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Board Discussions
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July 8, 2016
July 8, 2016
September 25, 2015
July 30, 2014
January 25, 2008

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 August 16, 2016

On July 8, 2016, the Executive Board of the International Monetary Fund (IMF) approved a disbursement under the Rapid Financing Instrument (RFI) for Ecuador for an amount equivalent to SDR 261.63 million. The Board’s discussion was based on a staff report prepared by a staff team of the IMF, following discussions with the officials of Ecuador on economic developments and policies underpinning the Rapid Financing Instrument.
The authorities have consented to publication and it is expected that the staff report will be posted on this website shortly.

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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July 28, 2016 -- New Western Hemisphere : A Survey of Gender Budgeting Efforts
Author/Editor: Lucía Pérez Fragoso | Corina Rodríguez Enríquez
Series: Working Paper No. 16/153
July 08, 2016 -- Press Release: IMF Executive Board Approves US$ 364 Million in Financial Support for Ecuador
April 17, 2016 -- Press Release: IMF Managing Director Christine Lagarde Extends Condolences to the Victims of the Earthquake in Ecuador
April 15, 2016 -- IMFC Statement by Alexandre Tombini Governor, Central Bank of Brazil, Brazil
On behalf of: Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago. PDF File Size: 284Kb
October 21, 2015 -- Press Release: IMF Executive Board Concludes 2015 Article IV Consultation with Ecuador
October 21, 2015 -- Ecuador: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Ecuador
Series: Country Report No. 15/289
October 21, 2015 -- Ecuador: Selected Issues
Series: Country Report No. 15/290
October 09, 2015 -- IMFC Statement by Joaquim Levy, Minister of Finance, Brazil
On behalf of: Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago. PDF File Size: 261Kb
May 18, 2015 -- Saving in Latin America and the Caribbean : Performance and Policies
Author/Editor: Francesco Grigoli | Alexander Herman | Klaus Schmidt-Hebbel
Series: Working Paper No. 15/108
April 18, 2015 -- IMFC Statement by Joaquim Levy, Minister of Finance, Brazil
On behalf of: Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago. PDF File Size: 211Kb
October 11, 2014 -- IMFC Statement by Mr. Guido Mantega, Minister of Finance, Brazil
On behalf of: Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago. PDF File Size: 267Kb
August 20, 2014 -- Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with Ecuador
May 28, 2014 -- Press Release: Statement by IMF Deputy Managing Director Min Zhu on the Resumption of Article IV Consultations with Ecuador
April 11, 2014 -- IMFC Statement by Mr. Guido Mantega, Minister of Finance of Brazil
On behalf of: Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago. PDF File Size: 103Kb
March 26, 2014 -- Press Release: IMF Executive Board Holds Informal Briefing on Ecuador
February 01, 2014 -- List of IMF Member Countries with Delays in Completion of Article IV Consultations or Mandatory Financial Stability Assessments Over 18 Months
Subject: Article IV consultations | Financial system stability assessment | Executive Board discussion postponement | Notification of delay
October 12, 2013 -- IMFC Statement by the Honorable Alexandre Tombini, Governor, Central Bank of Brazil
On behalf of: Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago. PDF File Size: 227Kb
July 18, 2013 -- List of IMF Member Countries with Delays in Completion of Article IV Consultations or Mandatory Financial Stability Assessments Over 18 Months
Subject: Article IV consultations | Financial system stability assessment | Executive Board discussion postponement | Notification of delay
April 20, 2013 -- IMFC Statement Guido Mantega, Minister of Finance, Brazil
On behalf of: Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago. PDF File Size: 142Kb
November 27, 2012 -- Press Release: IMF Holds Informal Board Briefing on Ecuador

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