## 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

_IMF Staff Country Reports, October 7, 2021_

## Source details

**Canonical URL:** [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](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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## Bibliographic details
- Published: October 7, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513599106.002

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### Program commitment and approval
- 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.

### Program objectives and policy orientation
- Authorities’ objectives under the program:
  - Ensure an environmental-friendly growth with high quality jobs.
  - Promote a transparent management of public resources.
  - Ensure equity in the conduct of fiscally sustainable policies.

### Publication and document identifiers
- 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

### Subjects and keywords covered
- 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

*International 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.*

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_Source: https://www.imf.org/en/publications/cr/issues/2021/10/07/ecuador-2021-article-iv-consultation-second-and-third-reviews-under-the-extended-482093_