Ecuador FinMin steps down

Ecuador FinMin steps down

People Corporate & Sovereign Strategy Ecuador Bonds

Ecuador Finance Minister Fausto Herrera is stepping down because of health issues, President Rafael Correa said. “The rest of the economic team is staying on,” Correa said during a meeting with governors at the presidential palace. “What (Herrera) has done is almost miraculous, (our economy) is recovering.”Herrera, who had been in the post more than three years, recently spearheaded Ecuador’s $750m bond sale. Ecuador, an OPEC member, took advantage of growing investor appetite for energy-li

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