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
This paper assesses Ecuador’s 2003 Article IV Consultation, a Request for a Stand-By Arrangement (SBA), and Approval of an Exchange Restriction. The main objectives of the fiscal program are to address immediate liquidity constraints and to bring expenditure growth under control, consistent with the demands of dollarization. The government has moved quickly to implement a package of politically difficult revenue measures. Although recognizing the risks involved, the IMF staff supports Ecuador’s request for a new SBA in support of the government’s economic program
Year of publication: |
2003
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Institutions: | International Monetary Fund ; International Monetary Fund (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Wirtschaftslage | Macroeconomic performance | IWF-Kredit | IMF lending | Ecuador |
Saved in:
freely available
Extent: | Online-Ressource (98 p) |
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Series: | IMF staff country report. - Washington, DC : IMF, ZDB-ID 2390613-3. - Vol. Country Report No. 03/90 |
Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 1-4518-1179-9 ; 978-1-4518-1179-7 |
Other identifiers: | 10.5089/9781451811797.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014406152
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