Can’t find a document? Request Information

EC-L1255 : Emergency Program for Macroeconomic Sustainability and Prosperity

Project Status: Closed

The objective of the program is to support government actions to: (i) reestablish macroeconomic stability; (ii) restore fiscal sustainability; (iii) strengthen the institutional framework for the Central Bank; and(iv) safeguard social expenditure in support of the vulnerable population. The structure and content of the program are aligned with the recently approved Extended Fund Facility (EFF) arrangement with the IMF.The program is structured under the Special Development Lending (SDL) modality with the sole operation to be disbursed ina single tranche.

Project Detail

Project Number
EC-L1255
Project Country
Ecuador
Project Sector
REFORM / MODERNIZATION OF THE STATE
Project Subsector
FISCAL POLICY FOR SUSTAINABILITY AND GROWTH
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Closed
Operation Number
4771/OC-EC

Financial Information

Project Number
EC-L1255
Project Status
Closed

IDB Financing

Financing type
EME
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Nov/29/2021

Roles & Responsibilities

Contract signature date
May/24/2019

Project Information

Total Cost
USD 500,000,000
Country counterpart financing
USD 0
Amount
USD 500,000,000