Executive Board
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on Ecuador:

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July 8, 2016
July 8, 2016
September 25, 2015
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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 30, 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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June 08, 2004 -- Transcript of an IMF Book Forum, Does the IMF always prescribe fiscal austerity? Are targets too tight?
May 19, 2004 -- Press Release: IMF Extends Ecuador's Stand-By Arrangement Repayment Expectation Dates
February 26, 2004 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
January 28, 2004 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
January 01, 2004 -- What Are the Channels Through Which External Debt Affects Growth?
Author/Editor: Hélène Poirson | Luca Antonio Ricci | Catherine A. Pattillo
Series: Working Paper No. 04/15
January 01, 2004 -- How Private Creditors Fared in Emerging Debt Markets, 1970-2000
Author/Editor: Klingen, Christoph | Weder, Beatrice | Zettelmeyer, Jeromin
Series: Working Paper No. 04/13
January 01, 2004 -- The Late 1990's Financial Crisis in Ecuador : Institutional Weaknesses, Fiscal Rigidities, and Financial Dollarization At Work
Author/Editor: Luis Ignacio Jácome
Series: Working Paper No. 04/12
October 29, 2003 -- Foreign Direct Investment Statistics : How Countries Measure FDI 2001
August 28, 2003 -- Managing Systemic Banking Crises
Author/Editor: Marc Quintyn | David S. Hoelscher
Series: Occasional Paper No. 224
August 08, 2003 -- Ecuador: First Review Under the Stand-By Arrangement and Requests for Modifications and Waiver of Nonobservance and Applicability of Performance Criteria -- Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director of Ecuador
Series: Country Report No. 03/248
August 01, 2003 -- Press Release: IMF Completes First Review of Ecuador's Stand-By Arrangement, Approves US$42 Million Disbursement and Grants Waivers
July 31, 2003 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
July 23, 2003 -- Ecuador -- Letter of Intent, Supplement to the Memorandum of Economic Policies, and Technical Memorandum of Understanding, July 23, 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.
July 17, 2003 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
May 19, 2003 -- Press Release: Press Statement by IMF First Deputy Managing Director in Ecuador on May 16, 2003
May 02, 2003 -- Latin America and the Caribbean: Building a Sustainable Recovery, Speech by Anoop Singh, Director of the Western Hemisphere Department, IMF
Prepared text for remarks at the 21st Annual Journalists and Editors Workshop on Latin America and the Caribbean, Miami
April 29, 2003 -- Transcript of an IMF Economic Forum: Does IMF Fiscal Policy Advice End Up Hurting The Poor?
April 22, 2003 -- Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, IMF
April 07, 2003 -- Public Information Notice: IMF Concludes 2003 Article IV Consultation with Ecuador
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 07, 2003 -- Ecuador: 2003 Article IV Consultation, Request for a Stand-By Arrangement, and Approval of an Exchange Restriction--Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ecuador
Series: Country Report No. 03/90

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