{
  "title": "Ecuador: 2021 Article IV Consultation, Second and Third Reviews Under the Extended Arrangement Under the Extended Fund Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ecuador",
  "publication": "IMF Staff Country Reports, October 7, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/10/07/ecuador-2021-article-iv-consultation-second-and-third-reviews-under-the-extended-482093",
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  "summary": "The new administration has committed to continue with the Fund-supported Extended Fund Facility (EFF) of SDR 4,615 million (661 percent of quota, about $6.5 billion) that was approved by the IMF Executive Board on September 30, 2020.",
  "sections": [
    {
      "heading": "Program commitment and approval",
      "content": "- The new administration has committed to continue with the Fund-supported Extended Fund Facility (EFF) of SDR 4,615 million (661 percent of quota, about $6.5 billion).\n- The EFF was approved by the IMF Executive Board on September 30, 2020.\n- Upon the completion of the Second and Third Reviews under the EFF, an additional SDR $568 million would be made available."
    },
    {
      "heading": "Program objectives and policy orientation",
      "content": "- Authorities’ objectives under the program:\n  - Ensure an environmental-friendly growth with high quality jobs.\n  - Promote a transparent management of public resources.\n  - Ensure equity in the conduct of fiscally sustainable policies."
    },
    {
      "heading": "Publication and document identifiers",
      "content": "- Publication date: October 7, 2021\n- Series: Country Report No. 2021/228\n- Issue: 228\n- Volume: 2021\n- Pages: 138\n- DOI: https://doi.org/10.5089/9781513599106.002\n- Stock No: 1ECUEA2021001\n- ISBN: 9781513599106\n- ISSN: 1934-7685"
    },
    {
      "heading": "Subjects and keywords covered",
      "content": "- Subject: Arrears, Commodities, Expenditure, External debt, International organization, Monetary policy, Oil, Oil prices, Prices, Public debt\n- Keywords: Arrears, dollarization regime, Global, Oil, Oil prices, reform package, revenue administration measure, September employment survey data, staff appraisal\n\nInternational Monetary Fund. Ecuador: 2021 Article IV Consultation, Second and Third Reviews Under the Extended Arrangement Under the Extended Fund Facility, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ecuador. October 7, 2021.\n\n---\n\n Content in this bundle\n\n- 1ecuea2021001\n  - 1ecuea2021001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1ecuea2021001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: October 7, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513599106.002",
    "The new administration has committed to continue with the Fund-supported Extended Fund Facility (EFF) of SDR 4,615 million (661 percent of quota, about $6.5 billion).",
    "The EFF was approved by the IMF Executive Board on September 30, 2020.",
    "Upon the completion of the Second and Third Reviews under the EFF, an additional SDR $568 million would be made available.",
    "Authorities’ objectives under the program:",
    "Publication date: October 7, 2021",
    "Series: Country Report No. 2021/228",
    "Issue: 228",
    "Volume: 2021",
    "Pages: 138",
    "DOI: https://doi.org/10.5089/9781513599106.002",
    "Stock No: 1ECUEA2021001",
    "ISBN: 9781513599106",
    "ISSN: 1934-7685",
    "Subject: Arrears, Commodities, Expenditure, External debt, International organization, Monetary policy, Oil, Oil prices, Prices, Public debt",
    "Keywords: Arrears, dollarization regime, Global, Oil, Oil prices, reform package, revenue administration measure, September employment survey data, staff appraisal",
    "**1ecuea2021001**"
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