Investor Presentaiton slide image

Investor Presentaiton

ADDRESSING THE 2020 FINANCING GAP WILL REQUIRE EXCEPTIONAL MEASURES • • • 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 Toda una Vida
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