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Finance Minister: Ecuador Unable To Meet Debt Service Payments

LADB Article ID: 075164
Category/Department: General
Date: Tuesday, March 29, 1988
By: John Neagle

At a March 27 press conference in Quito, Finance Minister Eduardo Cabezas announced that he had informed foreign creditor banks that the Ecuadoran government is currently incapable of continuing debt service payments. Debt service payments on th...

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