The Ministry of Finance obtained liquidity from two state oil companies

Approximately $ 2,000 million of anticipated resources and loans granted since 2014 by the state enterprises Petroamazonas and Petroecuador served to inject liquidity to the Ministry of Finance.

The operations are backed by agreements of liquidity management signed between the government and the two oil companies. These agreements allow the the money obtained by these public companies in the international market through loans or advances, go directly to the Ministry of Finance for its management. Then, this portfolio of State returns these resources to the oil companies, but in installments.

Although the content of these agreements are not public, the 2015 financial statement of Petroecuador, which is published on its website, proves its existence.

Source: http://www.elcomercio.com/actualidad/ministeriofinanzas-liquidez-petroleras-creditos-petroamazonas.html