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Ecuador Foreign Aid

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August 23, 1999 | From Times Wire Services
Ecuador and the International Monetary Fund met Sunday in the Andean nation's capital to finalize a plan to ease the recession-bound country's financial crunch, a government official said. The closed-door talks between IMF and officials with the Ecuadorean finance ministry and central bank focused on austerity targets the South American nation must set to get further loans from the IMF and other big lending agencies, a central bank official, who did not wish to be named, told Reuters.
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BUSINESS
August 23, 1999 | From Times Wire Services
Ecuador and the International Monetary Fund met Sunday in the Andean nation's capital to finalize a plan to ease the recession-bound country's financial crunch, a government official said. The closed-door talks between IMF and officials with the Ecuadorean finance ministry and central bank focused on austerity targets the South American nation must set to get further loans from the IMF and other big lending agencies, a central bank official, who did not wish to be named, told Reuters.
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