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Ecuador Political News

Dow Jones – Ecuador To End 2011 With $850M Fiscal Liquidity, Finance Chief Says

Ecuador’s budget, heavily reliant on the export of domestic oil, forecast for the end of the year:

Ecuador will end this year with about an $850 million fiscal cushion, funds that will come in handy in 2012, but financing for next year could become tighter amid any fallout from the ongoing global financial crisis and a planned shutdown of the country’s main refinery, Ecuador’s Finance Minister said.

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