Christine LaGarde, Managing Director of the International Monetary Fund, and President Lenin Moreno, of Ecuador, announce to securing of a 4,200,000,000 “dollar” loan to Ecuador from the IMF. Another 6,000,000,000 “dollars” in loans will be granted from the World (central) Bank, the Inter-American Development Bank and the Development Bank of Latin America.
[added 6/8/2023] Thanks to Freedom’s Phoenix for this entry.
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Ecuador inks $4.2 billion financing deal with IMF: Moreno – Reuters
www.reuters.com/article/us-ecuador-imf/ecuador-inks-4-2-billion-financing-deal-with-imf-moreno-idUSKCN1QA05Z