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Andean nation is worst-hit developing country, as pandemic devastates public finances
National airline to be liquidated and embassies closed as coronavirus takes further financial toll
President caved in to protesters but is now left with limited budget options
Austerity programme was introduced to satisfy $4.2bn IMF lending requirements
Five have died in demonstrations against IMF reforms that have pushed up prices
Oil production hit as indigenous groups rally against suspension of fuel subsidies
Lenín Moreno’s government also pulls out of Opec
President Lenín Moreno says deal will save his country from Venezuela’s fate
Calls for ‘private sector to invest’ is a further departure from his socialist roots
Transition offers lessons for Venezuela and Bolivia
President-elect seen as ideologically closer to moderates than to ‘dear friend’ Correa
Venezuela and Paraguay have also seen clashes over the past week
Conservative rival Lasso to challenge result after alleging ‘pretensions of fraud’
Vote is referendum on whether Correa’s ‘revolution’ survives the end of the oil boom
Opposition groups expected to close ranks behind challenger Guillermo Lasso
Delay in counting votes from remote areas and expats angers opposition supporters
Correa’s leftwing protégé close to margin needed to avoid run-off
Sunday’s poll comes as economic downturn stirs political dissent
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