Saturday, 2 May 2020

IMF approves $643m in pandemic aid for Ecuador

The International Monetary Fund has approved a request from Ecuador for emergency financing to fight the coronavirus pandemic, granting a $643m loan, the Andean country's economy ministry has announced.


Ecuador has been among the hardest-hit countries in Latin America, with 24,675 confirmed cases and 883 deaths, plus a further 1,357 deaths that were likely caused by the coronavirus.


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