Ecuador Secures Staff-Level Agreement for $710 Million IMF Resilience and Sustainability Facility

The International Monetary Fund (IMF) announced a staff-level agreement with Ecuadorian authorities for an 18-month Resilience and Sustainability Facility (RSF) arrangement, totaling approximately $710 million (SDR 523.275 million). This agreement is subject to IMF Executive Board approval and follows the completion of the sixth review of Ecuador's Extended Fund Facility. Upon approval of the EFF review, Ecuador would gain immediate access to about $380 million (SDR 280.5 million).