May 7, 2021 |
The outgoing administration of President Lenín Moreno is leaving Ecuador's finances in better shape than when it took power in 2017, but it will still take time before the country can issue new bonds in the international market under incoming President Guillermo Lasso, Finance Minister Mauricio Pozo said on Thursday. "At this moment I don't see space to issue bonds," the outgoing minister said in an online press conference.
Ecuador's country risk – or investors' perception whether the country is
Outgoing finance minister says conditions have improved for bond sales since a debt restructuring last year, but it may be too soon to issue new notes