QUITO, Rajab 21, 1437, April 28, 2016, SPA -- Ecuador is negotiating credit lines to finance reconstruction after this month's devastating earthquake with multilateral agencies that include the International Monetary Fund, a government official said on Thursday, according to Reuters. The Andean nation has already opened an emergency credit with multilateral agencies including the World Bank and the Inter-American Development Bank for about $600 million, and plans to continue seeking additional financing. An IMF official on Wednesday said Ecuador had requested a credit line, without offering details. "The work has been positive, and right now (officials are) in negotiations both the (IMF) and with other multilateral agencies," said Planning and Development Secretary Sandra Naranjo in an interview. "We have to keep all our options open." She did not say which other agencies were involved in financing talks. --SPA 22:40 LOCAL TIME 19:40 GMT www.spa.gov.sa/w
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