At a turning point?

ECUADOR - Presentation 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...

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