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World Bank Approves $750 Million Loan for Ecuador's Economic Reform

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The World Bank has approved a $750 million budget support operation for Ecuador to strengthen macroeconomic stability, consolidate public finances, and promote private investment. The loan aims to improve fiscal sustainability through more efficient public spending, strengthen social transfers, and better manage fiscal revenues and risks. It also seeks to enhance the investment climate, expand access to financing for businesses, and encourage private sector participation. The World Bank estimates that the reform package could create over 180,000 additional jobs by 2031.

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7 Sources

  1. ECUADORIAN NEWS avatar

    ECUADORIAN NEWS

    Telegram / @EcuadorianNews

    Banco Mundial aprueba préstamo de USD 750 millones para Ecuador https:...

  2. ECUADORIAN NEWS avatar

    ECUADORIAN NEWS

    Telegram / @EcuadorianNews

    QUITO, Pichincha El Grupo Banco Mundial aprobó este lunes una operació...

  3. El Comercio avatar

    El Comercio

    RSS / @elcomercio.com/feed/

    Banco Mundial aprueba 750 millones de dólares para Ecuador Gladys Riva...

  4. El Amazónico avatar

    El Amazónico

    RSS / @elamazonico.com/portal/rss

    Banco Mundial aprueba crédito de USD 750 millones para Ecuador; este s...

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