Press Release No. 19/376

IMF Statement on Ecuador

October 16, 2019

We welcome the process of dialogue aimed at finding a peaceful resolution in Ecuador and express our profound solidarity with all those affected by the violence that the country experienced. We strongly support the continuous efforts of the Ecuadorian government to actively seek an agreement that addresses the current economic challenges and protects the most vulnerable in society. We will continue to work closely with the authorities to identify, in the context of the current program, the best way in which the Fund can provide financial and technical support to Ecuador in the period ahead to ensure fiscal sustainability and help improve the prospects of all Ecuadorians.