Press Release No. 19/09

Statement by IMF Managing Director Christine Lagarde on Meeting with Ecuador President Lenin Moreno

January 23, 2019

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met today with Ecuador President Lenin Moreno in Davos, Switzerland. At the conclusion of the meeting, the Managing Director made the following statement:

“I was very pleased to meet with Ecuador's President Moreno today. We had a productive and friendly conversation and a useful exchange of views on the prospects for the global economy and the economic and social outlook in Ecuador. I stressed my support for President Moreno's reform efforts and for his strong focus on protecting the poorest members of Ecuador's society as the government advances its policy agenda. Going forward, the authorities’ decisive policy steps will be critical to address key challenges facing the economy of Ecuador. I also welcome productive cooperation between the Ecuadorian authorities and IMF technical staff.”