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Country Economic Forecasts > Ecuador

  • May 2017
  • 8 pages
  • Oxford Economics
Report ID: 1907550

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The economy fared better than expected last year contracting by just 1.5%, rather than the 2% fall we had forecast. However, the solid growth in Q4 came on the back of a temporary fiscal boost due to the electoral cycle. Now that the election is over spending must be restrained. As a result, we continue to expect a fragile recovery, with GDP expanding by just 0.5% this year and 2% in 2018.

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