Economy / Ecuador
Energy Crisis Exposing Fiscal Cracks
November 2009 | Economic AnalysisTo read the full article, please choose one of the following options:
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BMI View: Ecuador's energy crisis is increasing domestic opposition to President Rafael Correa's handling of the economy, and risks exposing what we believe is a highly unstable fiscal situation. Lack of credible economic reporting is reinforcing our concerns over the sustainability of the current policy trajectory, and suggests a painful economic adjustment is on the cards in 2010.
