IMF approves release of US$498.4 million for Ecuador
WASHINGTON, Dec 20 (NNN-AGENCIES) — The International Monetary Fund approved a delayed loan tranche for Ecuador, releasing nearly US$500 million under a three-year aid program. The IMF board gave the go-ahead for a US$4.2 billion loan in March to help support the oil-rich nation’s economic reforms, but massive protests led…

