• Live
    • Audio Only
  • google plus
  • facebook
  • twitter
News > Ecuador

IMF Working With Ecuador on Dialogue and Assesment on Policies

  • China's Premier Li Keqiang welcomes Ecuadorean President Lenin Moreno at the Great Hall of the People in Beijing.

    China's Premier Li Keqiang welcomes Ecuadorean President Lenin Moreno at the Great Hall of the People in Beijing. | Photo: Reuters

Published 14 December 2018
Opinion

Rice said that the IMF is ready to "help" any members that might need it, and Ecuador shouldn't be an exception.

Gerry Rice, the International Monetary Fund's (IMF) spokesperson Thursday said that the fund has a relationship with Ecuador that is based on "policy advice and policy dialogues," during the organization's weekly press conference,

RELATED:
'Self-Sabotage:' Ecuador Embraces Neoliberal Reform and US Interests

Rice added that the IMF is ready to "help" any members that might need it, and Ecuador shouldn't be an exception. Rice was also asked about the U$D900 Million credit to Ecuador from China, to which he answered that the sustainability of the debt is one of the priority subjects analyzed by the IMF. "It's clearly something we look at and talk about it here all the time, but I do not have any details about the situation in Ecuador."

Rice also said that Argentina, with its economic plan strongly backed by the IMF, has positive results, "In general, financial markets believe that they have stabilized the deficit. The fiscal deficit has been addressed decisively." According to data from different economic studies, the Argentine economic crisis is very strong. With over 160 percent inflation rate, 33 percent of poverty in the country, and with the prices of utilities and groceries growing rapidly.

President Lenin Moreno is in Qatar, finalizing his last international official tour of the year which started in China, to "exchange experiences" between the Qatar Foundation and Ecuador's Plan Toda Una Vida (A Whole Life Plan). "One of the agreements we have reached is to share experiences on disability issues: Qatar is starting to work in this area and they require our contribution and experience, especially in comprehensive care," said Rocio Maldonado, the president of the plan, who was with Moreno.

Moreno and González "exposed the process, achievements and goals of the government plan 'Toda Una Vida' and its various missions" to the members of the Qatar Foundation, said a statement from the National Communications Secretary (Secom).

People

Lenin Moreno
Comment
0
Comments
Post with no comments.