| Description |
1 online resource (38 pages) : color illustrations, color map |
| Series |
IMF country report ; no. 16/288 |
|
IMF country report ; no. 16/288.
|
| Contents |
Cover; CONTENTS; CONTEXT; ECONOMIC IMPACT OF THE EARTHQUAKE; OUTLOOK AND RISKS; POLICY ISSUES AND DISCUSSIONS; ACCESS AND CAPACITY TO REPAY; STAFF APPRAISA; BOX; 1. The April Earthquake; TABLES; 1. Selected Economic and Financial Indicators, 2008-21; 2. Operations of the Nonfinancial Public Sector (Net Accounting) (Millions of U.S. dollars), 2008-21; 3. Operations of the Nonfinancial Public Sector (Net Accounting) (Percent of GDP), 2008-21; 4. Nonfinancial Public Sector Financing, 2008-21; 5. Balance of Payments, 2008-21; 6. Monetary Survey, 2008-21; 7. Financial Soundness Indicators, 2008-16 |
|
8. Financial and External Vulnerability Indicators, 2008-159. Medium-Term Macroeconomic Framework, 2008-21; 10. Indicators of Capacity to Repay the Fund , 2014-21; ANNEXES; I. Letter from the Authorities; II. Risk Assessment Matrix; III. Debt Sustainability Analysis |
| Summary |
On April 16, Ecuador was hit by a strong 7.8 magnitude earthquake which has created new fiscal and balance of payments needs. The earthquake compounds the existing difficulties facing Ecuador that include declining oil prices, U.S. dollar appreciation, low international reserves, and limited access to international financing, which have worsened the fiscal, economic, and financial outlook. The authorities' policy response to the earthquake has been timely, but limited access to financing and a weak fiscal position constrain the ability to pursue a deeper emergency and reconstruction response. Real GDP is expected to contract significantly this year and the next |
| Notes |
"September 2016." |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from pdf title page (IMF.org website, viewed October 7, 2016) |
| Subject |
International Monetary Fund -- Ecuador
|
| SUBJECT |
International Monetary Fund fast |
| Subject |
Economic development -- Ecuador
|
|
Earthquakes -- Economic aspects -- Ecuador
|
|
Disaster relief -- Ecuador
|
|
Fiscal policy -- Ecuador
|
|
Disaster relief
|
|
Earthquakes -- Economic aspects
|
|
Economic development
|
|
Economic history
|
|
Fiscal policy
|
| SUBJECT |
Ecuador -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85040900
|
| Subject |
Ecuador
|
| Form |
Electronic book
|
| Author |
International Monetary Fund, publisher.
|
| ISBN |
9781475532593 |
|
1475532598 |
|
