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IDB approves $150 million for Ecuador to support stabilization program and protect social expenditures

The Inter-American Development Bank announced the approval of a $150 million sector loan to Ecuador to support the country's macroeconomic stabilization program while protecting social expenditures that benefit the most vulnerable groups in society during the structural transformation process.

Inter-American Development Bank to disburse $79.4 million to Ecuador

The Inter-American Development Bank announced that it has approved a disbursement of $79.4 million dollars to Ecuador in support of the country’s stabilization program.

International community supports $3 billion Peru-Ecuador peace program

The Consultative Group for Ecuador-Peru met and expressed support for the Binational Development Plan that is an integral part of the historical peace accords signed in October 1998.

IDB President to hold news conference in New Orleans March 23 to inagurate Consultative Group Meeting for Peru and Ecuador

Inter-American Development Bank President Enrique V. Iglesias will hold a news conference in New Orleans to inaugurate the Consultative Group Meeting for Peru and Ecuador to support the Binational Development Plan, one of the pillars of the 1998 peace accords that ended a border conflict.

IMF, World Bank, IDB, and CAF prepared to support Ecuador

The managements of the International Monetary Fund (IMF) the World Bank Group, the Inter-American Development Bank (IDB), and the Coproación Andina de Fomento (CAF) announced their intention to propose to their Executive Boards a support package of US$2 billion, which would be made available over the next three years to support the Government of Ecuador's ambitious program of economic and structural reform.

Consultative group meeting for Peru and Ecuador postponed

Following consultations between the Inter-American Development Bank and the authorities of Peru and Ecuador, the Consultative Group Meeting for Peru and Ecuador in support of the Binational Development Plan, due to have been held under the auspices of the Inter-American Development Bank in Paris on Jan. 24-25, has been postponed. It will now be held in New Orleans in conjunction with the IDB Annual Meeting there at the end of March. The Paris meeting was rescheduled due to the political developments in Ecuador that led to the installation of the new president.

Rural traditions find home in city

When citizens in the Ecuadorian municipality of Cuenca, in the Andean highlands, began taking a stronger role in government decision making several years ago, it was both an innovation and the...

Roundabout ship repairs

Antonio Labra’s shipyard in Guayaquil, Ecuador, was heading nowhere. With one dry dock rail extending out into the Guayas River, he could repair but a single boat at a time, and the profits of his...

Breakfast meeting with finance minister of Ecuador

On Friday, April 30, the President of the Inter-American Development Bank, Enrique V. Iglesias, will host a breakfast meeting with the finance minister of Ecuador, Ana Lucía Armijos.

International donors pledge more than $1billion to support Peru-Ecuador peace process

Inter-American Development Bank President Enrique V. Iglesias and Enrique Garcia, president of the Andean Development Corporation, offered $1 billion in financing to assist development of the Peru-Ecuador border region.

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