Regulatory Alerts2025-01-01 | JPRFM-2025-009-GResolution No. JPRFM-2025-009-G Approves the Budget of the Central Bank of Ecuador for the 2026 Fiscal Year
The Financial and Monetary Policy and Regulation Board (JPRFM) issued Resolution No. JPRFM-2025-009-G to formally approve the 2026 budget of the Central Bank of Ecuador. The resolution mandates that the General Manager of the Central Bank execute the budget while providing quarterly progress reports to the Board. It further establishes that any reforms increasing the total budget expenditure require prior approval by the JPRFM following the same rigorous procedure as the initial approval.
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