02219cas a2200289 a 4500 AALejournalIMF023134 230101c9999 xx r poo 0 0eng d 20.00 USD 9798400216435 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Ecuador : Fourth and Fifth Reviews under the Extended Arrangement under the Extended Fund Facility, Request for a Waiver of Nonobservance of Performance Criterion, Rephasing of Access, and Financing Assurances Review-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Ecuador. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (116 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 The economy rebounded more strongly than expected in 2021 at 4.2 percent, bolstered by a well-executed vaccination campaign that allowed for a steady reopening of the economy. The recovery will continue in 2022, but at a more moderate pace of 2.9 percent. Inflationary pressures, mostly due to higher commodity prices, are expected to rise. The government remains committed to the Fund-supported program under the Extended Fund Facility (EFF) of SDR 4,615 million (661 percent of quota, about USD 6.5 billion) that was approved by the IMF Executive Board on September 30, 2020. Upon completion of the combined Fourth and Fifth Reviews under the EFF, an additional SDR 710 million would be made available. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Ecuador imf IMF Staff Country Reports; Country Report ; No. 2022/225 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=225 IMF e-Library