RIO DE JANEIRO, BRAZIL - The average interest rate on Ecuador's public debt stood at 3.99% in February 2022. It was the lowest indicator since 2019, when the financial cost was 6.16%.
The drop occurred due to a reduction in the interest rate of external debt, which went from 6.2% in December 2019 to 3.2% in February 2022.
One of the reasons lies in the renegotiation of Ecuador's . . .