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IMF Approves $498.4 Million Loan for Ecuador

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 20 December 2019.

On December 19, 2019, the International Monetary Fund (IMF) approved a delayed loan tranche for Ecuador, releasing nearly $500 million under a three-year aid program.

The loan is part of a broader effort by the IMF to support Ecuador's economic recovery and stabilize its currency.

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