The Country Office of Ecuador aims to provide effective, innovative support for the government’s development program by seeking promotion of public-private partnerships (PPPs) as a vehicle for investment, leveraging of the equity market through thematic bonds and guarantees, and productive development of Ecuador’s Amazon region.
Overview
Ecuador is one of the founding member countries of the IDB. Like all the shareholders, Ecuador appoints a Governor, who represents the country on the Board of Governors.
For day-to-day business at the Bank's Headquarters in Washington, D.C., Ecuador is represented by a chair on the Board of Executive Directors. The chair, shared with Chile, is headed by an Executive Director, who is elected to a three-year term by the Governors of Ecuador and Chile.
Executive Director: Carlos Alvarez
ALTERNATE EXECUTIVE DIRECTOR(S):
- Roberto Izurieta
ELECTED BY: Chile and Ecuador
Total Contribution: 16,940,800
Number of votes: 86,225
of the institution's ownership
IDB Country Office in Ecuador
Videos available in Spanish
The Country Strategy for 2018-2021 focuses on accelerating economic growth to build upon and enhance the social progress made since the turn of the century. The Bank is committed to supporting the government in addressing current macroeconomic imbalances, transitioning to a growth model that emphasizes private sector initiative, and mitigating any potential negative effects on the most vulnerable populations.
This strategic approach is structured around three key pillars:
- Strengthening Public Finances: Enhancing fiscal stability and efficiency to support sustainable economic growth.
- Boosting Productivity and Private Sector Development: Supporting private sector initiatives and productivity improvements as primary drivers of economic growth.
- Advancing Social Progress: Building on the social gains achieved over the past decade to ensure continued development and equity.
By focusing on these pillars, the strategy aims to foster a robust economic environment while ensuring that social gains are protected and expanded.
Country strategies remain effective beyond their initial period, continuing to guide actions during the development of subsequent strategies, ensuring sustained impact and alignment with evolving goals.
Overview
Ecuador is one of the founding member countries of the IDB. Like all the shareholders, Ecuador appoints a Governor, who represents the country on the Board of Governors.
For day-to-day business at the Bank's Headquarters in Washington, D.C., Ecuador is represented by a chair on the Board of Executive Directors. The chair, shared with Chile, is headed by an Executive Director, who is elected to a three-year term by the Governors of Ecuador and Chile.
Executive Director: Carlos Alvarez
ALTERNATE EXECUTIVE DIRECTOR(S):
- Roberto Izurieta
ELECTED BY: Chile and Ecuador
Total Contribution: 16,940,800
Number of votes: 86,225
of the institution's ownership
IDB Country Office in Ecuador
Videos available in Spanish
The Country Strategy for 2018-2021 focuses on accelerating economic growth to build upon and enhance the social progress made since the turn of the century. The Bank is committed to supporting the government in addressing current macroeconomic imbalances, transitioning to a growth model that emphasizes private sector initiative, and mitigating any potential negative effects on the most vulnerable populations.
This strategic approach is structured around three key pillars:
- Strengthening Public Finances: Enhancing fiscal stability and efficiency to support sustainable economic growth.
- Boosting Productivity and Private Sector Development: Supporting private sector initiatives and productivity improvements as primary drivers of economic growth.
- Advancing Social Progress: Building on the social gains achieved over the past decade to ensure continued development and equity.
By focusing on these pillars, the strategy aims to foster a robust economic environment while ensuring that social gains are protected and expanded.
Country strategies remain effective beyond their initial period, continuing to guide actions during the development of subsequent strategies, ensuring sustained impact and alignment with evolving goals.
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