IMF approves $4.2bn loan for Ecuador

https://www.enca.com/business/imf-approves-42bn-loan-ecuador

by gtt • 7 years ago

25 18 7 years ago

enca.com

yostrovs2• 7 years ago

Does anyone have any data on how well IMF loans are repaid?

itake• 7 years ago

As I am reading it, not great in the recent years.

https://www.imf.org/external/np/fin/tad/extrep1.aspx

onetimemanytime3• 7 years ago

Almost all pay. Sudan and the likes do not. (And Greece, but no doubt it will pay them) https://www.theguardian.com/news/datablog/2015/jun/05/histor...

kzcqt• 7 years ago

I'm thinking that people would consider it concerning and alarming if this loan wasn't given by the IMF but by China.

tsukasagenesis• 7 years ago

assange go in jai and 2 days latter IMF approve loan ... seem nice timing there

eraad• 7 years ago

Please be advised that the news article is dated March 2019. No relation at all.

crankylinuxuser• 7 years ago

I'm sure.. Because the IMF backed states didn't consider that, and put a time-delay for the request of ousting...

onetimemanytime3• 7 years ago

No relation at all might be the case but a "wink and a nod" exists and has existed. Break the agreement and IMF will bring hell upon you.

So, it's quite possible that US and Ecuador planned this a few months apart to look unrelated. US diplomats aren't shy at all...

cheez3• 7 years ago

I have no idea how others on this site think that something that happened as long ago as March 2019 (the loan being approved) and Assange's arrest MORE THAN A WEEK LATER could be related at all.

It's preposterous. It makes no logical sense.

That a country which has not received money from the IMF for more than a decade receives money and a month later, one of the most notorious fugitives holed up in said country's embassy is arrested.

I cannot fathom why anyone would think these two things that temporally happened MORE THAN A WEEK APART would be related AT ALL.

Shameful.

cheez3• 7 years ago

https://www.nytimes.com/2018/12/03/us/politics/manafort-assa...

lucozade• 7 years ago

And backdated the article about the loan to the 12th March. Very cunning.

Either that or someone has posted a month old article that happens to, topically, mention Ecuador.

NotPaidToPost• 7 years ago

I think the key is that they have a new President.

Rafael Correa, the former President, was aligned with Venezuela and Chavez.

Lenin Moreno, the new President, has been much more friendly to the US despite his first name...

timrichard• 7 years ago

Certainly more plausible than him not keeping his room tidy.

MagnumOpus• 7 years ago

The loan was agreed on the 21st of February. The article is from March.

Gunstig2Snath• 7 years ago

Just a few days later Assange is evicted from their ambassy in London. that must have been one of the conditions. It's how the IMF rolls, clearly, totally in the pocket of the vile empire called the USA.

cheez3• 7 years ago

https://www.nytimes.com/2018/12/03/us/politics/manafort-assa...

IMF approves $4.2bn loan for Ecuador

Related Stories