Ecuador, Philippines repay IMF debt

News|Bretton Woods Project|31 January 2007|update 54|url
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Newly elected Ecuadorean president Rafael Correa, announced in January that he would make early repayments of his country’s $33 million debt to the IMF. This decision came after months of speculation that Correa would declare a debt moratorium, including on the amounts outstanding to the Fund. Correa has turned to Argentina, rather than the IMF, for advice on renegotiating the terms of its external debt with private creditors, inviting an Argentine team to Quito for technical assistance. Despite a November IMF statement that the Philippines would not be repaying early, at the end of the year the governor of the central bank announced the prepayment of $220 million that was due in April 2007.

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Published: 31 January 2007 , last edited: 27 May 2010

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Επίκεντρο η Ελλάδα (Greek language articles)
Με αφορμή την χωρίς προηγούμενο δραστηριότητα του ΔΝΤ στην Ελλάδα, το Βretton Woods Project παρέχει ορισμένα απο τα άρθρα του στα Ελληνικά.  Ελπίζουμε ότι η ανάλυση και οι πληροφορίες θα είναι χρήσιμες για τους‘Ελληνες πολίτες.
http://www.brettonwoodsproject.org/el/