Ecuador seeks to renew credit with China

The Ecuadorian government seeks to renew a credit line of around 1,500 billion with The China Development Bank. The purpose of this credit would finance part of its investment plan for next year, according to what the Ministry of Finance said in a statement. “It was also...

Ecuador will seek new loans for electric and oil sectors

The Ministry of Finance of Ecuador announced yesterday that new operations to get credits for investments in the electricity and oil sectors are expected. He also refused the existence of liquidity problems in the economy. The Minister of Finance, Fausto Herrera, said that after...