Ecuador names economist Pozo as finance minister after Martinez resigns- Reuters

Ecuador on Wednesday named economist Mauricio Pozo as the Andean country’s finance minister to replace Richard Martinez, who resigned after carrying out a successful bond restructuring plan and negotiating a loan with the International Monetary Fund.

Pozo, who previously served as finance minister from 2003 to 2004 under President Lucio Gutierrez, said he will focus on economic reactivation and strengthening Ecuador’s dollarization.

To read the full article on Reuters, click here.