Ecuador Report: Fuel Me Once

Summary

Ecuador’s pre-election fuel subsidies could expire sooner than expected as President Daniel Noboa balances political pressure against an urgent fiscal adjustment. Aurora assesses the timing of higher fuel prices, the credibility of the 2027 budget, and what Noboa must deliver to bring bond yields back down before returning to market.

The full report is available to Aurora's institutional clients. Request a copy and our team will follow up within one business day.