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Finance Sector Program
THE OBJECTIVE OF THE PROGRAM IS TO SUPPORT THE GOVERNMENT OF ECUADOR IN ITS EFFORTS TO STRENGTHEN AND MODERNIZE THE FINANCIAL SYSTEM TO SET THE BASIS FOR A MORE EFFICIENT MOVILIZATION OF FINANCIAL RESOURCES AND TO IMPROVE RESOURCE ALLOCATION.

Project Detail

Country

Ecuador

Project Number

EC0043

Approval Date

November 16, 1994

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

PUBLIC EXPENDITURE MANAGEMENT

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBL (Policy Based Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 170,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 110,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
833/OC-EC Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
834/OC-EC Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 833/OC-EC
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility
Operation Number 834/OC-EC
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-731099399-8956
Financial Sector Program [450449].PDF
Published Dec. 31, 1999
Download
https://www.iadb.org/document.cfm?id=EZSHARE-731099399-8957
Programa sectorial financiero [450451].PDF
Published Dec. 31, 1999
Download

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Publications
Published 2021
NDC Invest: Supporting Transformational Climate Policy and Finance
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Blogs
Published 2022
Give Credit Where It Is Due: Firm Financing in a Post-Pandemic Caribbean
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Blogs
Published 2023
Uma nova geração de mobilização financeira
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Published 2022
The Impact of War on External Financing in Latin America and the Caribbean
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Published 2022
El impacto de la pandemia en las relaciones fiscales entre los niveles de gobierno en América Latina y el Caribe
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Datasets
Published 2023
IDB Project Procurement Contract Awards Data
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Publications
Published 2022
From Wells to Wealth? Government Transfers and Human Capital
To study the causal impact of oil royalties on human capital, we exploit quasi-experimental variation arising from a law in Ecuador that transfers resources to municipalities regardless of their oil-producing status. We find that royalties increase the likelihood of students completing primary and secondary education. Students reaching high school are also more likely to pass and excel on the exit exam. Furthermore, schools are more likely to remain open, increase their size, and become more road-accessible. However, the likelihood of students pursuing higher education decreases as they face steeper opportunity costs when labor demand increases.
Blogs
Published 2023
Ministerios de economía y finanzas frente al cambio climático: 7 avances en la agenda fiscal verde
En este blog resumimos los principales avances sobre la agenda fiscal verde , que está siendo impulsada por la Plataforma Regional de Cambio Climático de los Ministerios de Hacienda, Economía y Finanzas de América Latina, una red de trabajo integrada por los 26 países miembros prestatarios del BID
Publications
Published 2021
The IDB Group in the Central American Isthmus and the Dominican Republic: Activities Report 2020
2020 was an unprecedented year for Central America and the Dominican Republic. The effect of the global COVID-19 pandemic, exacerbated by the impact of Hurricanes Eta and Iota in some countries, caused the greatest economic contraction the region has undergone in its recent history - surpassing the debt crisis of the 1980s and the international financial crisis of 2009. In 2020, the IDB Group helped the countries in the region respond to these emergencies through approvals that exceeded US$ 4,900 million and disbursements of more than US$ 4,327 million, both reaching historical records. This report highlights the Groups main activities in Central America and the Dominican Republic in 2020 at the regional and country level.
Blogs
Published 2022
Improving access to finance for women entrepreneurs and smaller enterprises crucial for the Caribbean
Access to adequate finance is critical to any business. For the most vulnerable – smaller firms and those owned and operated by women – finance is the lifeblood. Financing allows businesses to improve their services, expand to different markets, provide jobs in their communities, and contribute to the growth of the economy. New joint research
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