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United Nations International Monetary Fund

United Nations International Monetary Fund latest

Indigenous people celebrate outside the Casa de la Cultura in Quito on October 13, 2019 after Ecuador's president and indigenous leaders reached an agreement to end violent protests. Luis ROBAYO / AFP
October 14th, 2019 - 06:24 GMT

Ecuador: Govt, Opposition Sign Deal to Halt Protests

Ecuadorian government and protestors led by indigenous organizations on late Sunday reached a deal to cancel an International Monetary Fund (IMF) package, according to media reports. A nationwide strike by transport workers and taxi drivers against the elimination of the subsidies by the government on Oct. 1 led to protests and violence. The government announced the austerity package as part of an agreement with the IMF to obtain loans. Under ...
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