Ecuador

The Ecuadorian authorities have made significant progress in the implementation of their economic program, supported by the Extended Fund Facility (EFF) arrangement of SDR 3.75 billion (537 percent of quota, about US$5 billion), approved by the Executive Board in May 2024 and augmented in July 2025. The authorities have taken bold actions to strengthen fiscal sustainability and liquidity buffers, while protecting the most vulnerable. These included implementing high-quality revenue and expenditure reforms alongside targeted compensatory measures to protect vulnerable groups. In addition, the authorities continued advancing their ambitious structural reform agenda to safeguard financial stability, enhance governance, and boost private investment and job-rich growth.