Analysts see funding challenge in Ecuador

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Analysts see funding challenge in Ecuador

Lenin Moreno, Ecuador, LatAm
President of Ecuador, Lenin Moreno receives the ceremonial staff of indigenous leaders in the archaeological park of CochasquÌ, an area considered sacred in Ecuador, in CochasquÌ, Thursday, May 25, 2017. (Photo by Franklin J·come / ACG). *** Please Use Credit from Credit Field *** | ACG/SIPA USA/PA Images

Bond market analysts say that the external financing required by Ecuador’s budget for 2019 will be a tough ask given existing market conditions, as the sovereign’s bonds slump amid a fall in oil prices.

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