Ecuador: Moreno’s Government Sacrifices The Poor To Satisfy The IMF

By Wilma Salgado, Council on Hemispheric Affairs. October 13, 2019 Ecuador’s President Lenin Moreno has been cutting government spending since signing an Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF) in February of this year. This policy has benefited multinational corporations, the banks, and in general, powerful economic groups at the expense of the middle and working classes,[…]

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