Ecuador Economy Returning to Growth Path, Central Bank Says

The video discusses Ecuador's economic performance, highlighting growth in GDP and household consumption. It covers 2023 projections, emphasizing inflation control and the impact of a stronger dollar. The video also explores trade agreements with China and Costa Rica, boosting non-oil exports. Energy exports to Colombia and other regions are examined, along with financial market challenges and debt management strategies. The Central Bank's role in maintaining monetary stability and accessing international liquidity facilities is also discussed.

What was the growth rate of the Korean economy in 2021?

• 3.2%

• 4.2%

• 3.6%

• 2.7%

What is the expected economic growth rate for Ecuador in 2022?

• 3.2%

• 3.1%

• 3.0%

• 2.7%

How did Ecuador control inflation compared to other countries in the region?

• Through increased exports

• By reducing government spending

• Through a dollarized economy and gas subsidies

• By increasing interest rates

Which products saw an increase in non-oil exports due to the trade agreement with China?

• Coffee and fish

• Tuna and textiles

• Shrimp and mining products

• Bananas and cocoa

What was the value of oil exports from Ecuador between January and October 2022?

• $7.5 billion

• $8.5 billion

• $10 billion

• $9 billion

What is the main reason for Ecuador's risk premium not reflecting its macroeconomic progress?

• High unemployment rates

• Low oil prices

• Uncertainty between the Presidency and Congress

• High inflation rates

What facility did the Federal Reserve Bank of New York grant to the Central Bank of Ecuador?

• A $750 million grant

• A $2 billion credit line

• A $1 billion repo facility

• A $500 million loan