IMF approves $4.2bn loan for Ecuador | WHAT REALLY HAPPENED


IMF approves $4.2bn loan for Ecuador

The International Monetary Fund on Monday approved a $4.2-billion, three-year loan for Ecuador, part of a broader aid package to help support the government's economic reform program.

The Washington-based lender agreed to the terms of the financing late last month, and the final approval of the IMF board on Monday releases the first installment of $652-million.

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The "reward" for turning Assange over.

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