Bloomberg News

Ecuador Posted Fiscal Surplus $120 Million in Jan.-Sept. 2011

February 02, 2012

Feb. 2 (Bloomberg) -- Ecuador, South America’s seventh- biggest economy, posted a fiscal surplus of $120 million in the first nine months of 2011, after government outlays dropped 53 percent from the same period in 2010, the central bank said.

Ecuador recorded a $189 million deficit in the first three quarters of 2010, the central bank said in a report on its website.

--Editor: Robert Jameson

To contact the reporter on this story: Nathan Gill in Quito at ngill4@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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