01818cas a2200241 a 4500 AALejournalIMF021296 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513558608 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Ecuador : Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Ecuador. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (129 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students On May 1, 2020, the Executive Board approved an RFI (USD 643 million, 67.3 percent of quota), to support the urgent needs of the Ecuadorean economy in the wake of COVID-19 crisis, and the authorities cancelled the three-year Extended Fund Facility arrangement (USD 4.2 billion, 435 percent of quota). The macroeconomic situation has since deteriorated, prompting the authorities to request a 27-month EFF of SDR 4.615 billion (about USD 6.5 billion, 661 percent of quota), to help restore macroeconomic stability, support the most vulnerable groups, and advance the structural reform agenda initiated under the previous EFF. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/286 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/286/002.2020.issue-286-en.xml IMF e-Library