Ecuador’s dollarized economy is forecast to grow 2.0% in 2026, recovering from a 2% contraction in 2024, with the IMF backing a $5 billion Extended Fund Facility arrangement approved in May 2024. —Oil production has collapsed to a 22-year low — around 465,000 barrels per day in 2025 — putting severe pressure on fiscal revenues and widening the government deficit to $5.3 billion. [...]