Investor Presentaiton
ADDRESSING THE 2020 FINANCING GAP WILL REQUIRE EXCEPTIONAL MEASURES
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In an effort to address immediate short-term financing needs, Ecuador has engaged in discussions with the IMF to obtain emergency
funding through a Rapid Financing Instrument (RFI)
In parallel, the authorities are engaging with the IMF on a successor Fund-supported arrangement that would build on the current Extended
Fund Facility (EFF), and aim at bolstering Ecuador's economic performance, strengthening the foundations of dollarization, and delivering
broad-based benefits for all Ecuadorians
However approximately US$ 3.4bn financing still needs to be identified and require a deferral or rescheduling of the interest payments
2020 GROSS FINANCING NEEDS AND ASSOCIATED FINANCING SOURCES
US$ BN
13,0
1,7
PROGRAMMED LENDING
2,7
GROSS FUNDING NEEDS
EXTERNAL FUNDING (MULTILATERAL
BILATERAL,ETC.)
DOMESTIC FUNDING
SOURCE: MINISTRY OF ECONOMY AND FINANCE, REPUBLIC OF ECUADOR
MINISTERIO DE ECONOMÍA Y FINANZAS
8,6
14
IDENTIFIED LENDING
1,4
1,4
2,4
CONTEMPLATED
POTENTIAL OTHER MULTILATERAL
CHINESE BILATERAL LOANS
IMF FUNDING
BUDGET SUPPORT
Lenin
FISCAL AUSTERITY MEASURES WILL
NOT BE SUFFICIENT TO COVER THE
REMAINING FINANCING GAP
3,4
REMAINING FINANCING GAP
EL
GOBIERNO
DE TODOS
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