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IMF approves SDR 497M immediate disbursement for Ecuador

Quito, Dec 14 (Prensa Latina) The International Monetary Fund (IMF) Executive Board concluded the sixth and final review of the 27-month Extended Fund Facility (EFF) for Ecuador, allowing for an immediate disbursement equivalent to SDR 497 million (about US million).

Ecuador to put New Stratus Energy blocks out to tender amid dispute

Ecuador will offer oil blocks currently operated by a subsidiary of Canada's New Stratus Energy in an international tender after the areas are returned to the state in late December, the energy minister said Thursday, amid a dispute with the company. New Stratus Energy and its subsidiary Petrolia Ecuador have called on Ecuadorean President Guillermo Lasso to begin direct negotiations to extend agreements for blocks 16 and 67, which expire on Dec. 31, and change the type of contract from provision of services to participation.

Ecuador s Lasso seeks reforms to strengthen fight against drug trafficking | WSAU News/Talk 550 AM · 99 9 FM

QUITO (Reuters) - Ecuadorean President Guillermo Lasso on Wednesday asked Congress for changes to the country's constitution to allow the military to .

The Power of Partnerships

In mid-September, Brig. Gen. David Mounkes got a chance to see exactly how the Kentucky National Guard can help the Republic of Ecuador. A briefing by Ecuadorean military officials and a look at some of their Russian-built helicopters at a base in nearby Sangolqui reinforced the belief the new assistant adjutant general of Kentucky-Air, has in the Guard’s State Partnership Program.

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