IMF Hands $4.2 billion in loans for Ecuador for Julian Assange — Armstrong Economics

The evidence of political pressure on Ecuador is surfacing. The IMF Executive Board Approved US$4.2 Billion (435% of quota and SDR 3.035 billion) Extended Fund Facility for Ecuador. The Executive Board agreed to this arrangement with strings attached. The Board’s decision enables the immediate disbursement of US$652 million (equivalent to SDR 469,7 million, or 67.3 percent of…

via IMF Hands $4.2 billion in loans for Ecuador for Julian Assange — Armstrong Economics