The International Monetary Fund said on November 9 that its staff had reached agreement with Ecuador on the sixth review of the country’s 48-month Extended Fund Facility and on a new 18-month Resilience and Sustainability Facility. Board approval of the review would give Ecuador immediate access to about 280.5 million SDR, roughly 380 million dollars, while the new facility carries access of about 523 million SDR, roughly 710 million dollars, with its first tranche available after its first review and tied to energy-sector resilience, disaster vulnerability, and climate governance reforms.
The Fund said program performance has been strong: all quantitative performance criteria for the sixth review were met, many by large margins, and all indicative targets were met except a small miss on central government arrears to the domestic private sector, which it attributed to arrears identified and reclassified during a public sector restructuring. Growth was 2.1 percent in the first half of 2026 and is projected at 2.7 percent for the year, inflation fell to 1.3 percent in September, and the current account surplus is projected at 4.6 percent of GDP, lifting reserves to historic highs.