Ecuador: Indigenous Protests Force Government to Cancel IMF Loan

Oct 14, 2019

In Ecuador, two weeks of massive indigenous-led protests have forced the government to cancel planned austerity measures and withdraw from a $4.2 billion loan package from the International Monetary Fund. The major victory came after televised negotiations between the Ecuadorian government and indigenous groups on Sunday. At least seven people were killed in the protests. Over 2,000 more were arrested or wounded. Celebrations broke out in Ecuador’s capital Quito Sunday night after the deal was reached. This is Marco Casagallo.

Marco Casagallo: “It’s a celebration for us, because we can rest easy after so many days of deaths, massacres and other things that Ecuador has gone through.”

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