08 Nov 2018
by Magdalena Barreiro
Ecuador is at a turning point – opportunities include a willingness to change from Correa’s economic model, optimistic perspectives on the oil industry and better relationships with trade partners. Risks include lack of political coherence and a weakening of Moreno’s popularity, as well as the possibility of lower oil prices.
Specific topics in this Ecuador presentation are
• GDP growth at 1.5-2% in 2019; non-oil exports at 5-6%
• Oil sector prospects are good, with new exploration and higher private investment in 2019 (ITT). Expected increases in production will help the balance of tra...