ECUADOR BUDGET MOVES IMPROVE IMF CASE
Analíticas: Mostrar analíticasTema(s): En: Financial Times 27-28 nov. 1999, p. 5Resumen: The International Monetary Fund said on Friday that Ecuador was closer to securing a 400m stand-by loan after its Congress approved next year's budget late on Thursday. The most important element of the budget is that the fiscal deficit is within the limit of 2.5 per cent of gross domestic product set by the Fund. The IMF will analyse the figures and discuss Ecuador's programme in Washington before sending a mission back to Quito. The budget allocates 54 per cent of total spending to meet foreign debt obligations. Ecuador recently defaulted on its Brady and eurobond debt."It's a good step forward," said John Thornton, head of the IMF mission.| Tipo de ítem | Biblioteca actual | Signatura topográfica | Info Vol | Estado | Fecha de vencimiento | Código de barras | |
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BIBLIOTECA ECONÓMICA BCE - QUITO | RESUM-019258 (Navegar estantería(Abre debajo)) | Financial Times. 27-28 nov. 1999, p. 5 | Disponible |
The International Monetary Fund said on Friday that Ecuador was closer to securing a 400m stand-by loan after its Congress approved next year's budget late on Thursday. The most important element of the budget is that the fiscal deficit is within the limit of 2.5 per cent of gross domestic product set by the Fund. The IMF will analyse the figures and discuss Ecuador's programme in Washington before sending a mission back to Quito. The budget allocates 54 per cent of total spending to meet foreign debt obligations. Ecuador recently defaulted on its Brady and eurobond debt."It's a good step forward," said John Thornton, head of the IMF mission.
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