000			01177nab a22002177a 4500
001			RESUM-019258
003			EC-BCE
005			20130908152846.0
040			_aEC-BCE _cEC-BCE
100			_aMoss, Nicholas
245			_aECUADOR _bBUDGET MOVES IMPROVE IMF CASE
520			_aThe 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.
650			_aECUADOR FMI PRESUPUESTO NACIONAL
650			_aPRESUPUESTO NACIONAL - ECUADOR
650			_aFMI
650			_a11
651			_aEC
650			_a3ext143
773			_tFinancial Times _dLondres _g27-28 nov. 1999, p. 5
942			_2z _cAS
999			_c31631 _d31631