Investor Presentaiton
1 THE COVID-19 HEALTH CRISIS IS PUTTING PRESSURE ON ECUADOR'S ECONOMY AND PUBLIC
FINANCES
COVID-19 caused a precipitous fall in both domestic and global demand, damaging Ecuador's economy. An emergency response package
followed by additional resources will be necessary to save and reactivate the economy
IMPACT OF COVID-19 HEALTH CRISIS ON LATIN AMERICA COUNTRIES
Confirmed cases per million people
PANAMA
9.40
ECUADOR
CHILE
340
DOMINICAN REPUBLIC
242
BARBADOS
233
SAINT KITTS AND NEVIS
226
ANTIGUA AND BARBUDA
214
PERU
179
URUGUAY
142
GRENADA
124
200
SOURCE: WORLDOMETER COVID-19 DATA AS OF 11 APRIL 2020
42
19
MINISTERIO DE ECONOMÍA Y FINANZAS
400
689
406
600
00
08
800
7
ECUADOR'S RESPONSE TO THE CRISIS
• An initial US$ 3.9bn fiscal package has been approved in
response to the COVID-19 outbreak
Ecuador will allocate a US$ 0.7bn emergency package in
response to the COVID-19 outbreak:
US$ 0.3bn in Medical Expenditures (healthcare
equipment, pharmaceuticals, tests...)
US$ 0.4bn in Food and Health Assistance (est.
cost for 2-3 months)
Ecuador will also allocate a US$ 3.2bn facility to provide
economic and social assistance to workers and
companies
• On 10 April 2020, the President announced a series of
additional measures to tackle the COVID-19 crisis
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