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Evaluate Ecuador's progress in regaining access to international capital markets and implementing economic reforms.

April 24, 2026Open Access

Ecuador

IDInternational Monetary Fund. Western Hemisphere Dept.

Key Points

Evaluate Ecuador's progress in regaining access to international capital markets and implementing economic reforms.
Analyzed economic measures taken by Ecuador's authorities post-access to capital markets.
Evaluated the implementation of the Extended Fund Facility agreement and structural reforms.
Ecuador regained access to international capital markets in early 2026.
Fiscal sustainability measures and liquidity buffers were strengthened through revenue and expenditure reforms.
Targeted measures were enacted to protect vulnerable groups amid broader structural reform progress.

Abstract

Ecuador successfully regained access to international capital markets in early 2026, and the authorities remain committed to the implementation of their economic program, supported by the Extended Fund Facility (EFF) arrangement of SDR 3. 75 billion (537. 5 percent of quota, about US5 billion) approved by the Executive Board in May 2024 and augmented in July 2025. The authorities are strengthening fiscal sustainability and liquidity buffers, including by implementing revenue and expenditure reforms alongside targeted measures to protect vulnerable groups. They are also making important progress on their structural reform agenda.

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International Monetary Fund. Western Hemisphere Dept. (Wed,) studied this question.

synapsesocial.com/papers/69eb0aeb553a5433e34b4cc7 https://doi.org/https://doi.org/10.5089/9798229044158.002

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