The country strategy for the 2018-2021 period prioritizes spurring economic growth to consolidate and deepen the social advances achieved since the turn of the century. To this end, the Bank supports the government in its effort to overcome the macroeconomic imbalances currently affecting the country, move toward a growth model in which private initiative takes on a more prominent role, and mitigate the potential adverse impact of this process on the most vulnerable groups. This strategic approach is based on three pillars: strengthening public finances; support for productivity and development of the private sector as engines of growth; deepening of the social advances achieved over the past decade.
Our team on the Ground
Address: Avenida Simon Bolivar S/N y Via Nayón Complejo Corporativo Ekopark - Torre 5, Piso 3 170124, Quito, Ecuador
Mailing Address: Apartado Postal Nº 17-07-9041, Quito, Ecuador
(T) (593-2) 299-6900
(F) (593-2) 299-6969
Executive Director: Carlos Alvarez
ALTERNATE EXECUTIVE DIRECTOR(S):
ELECTED BY: Chile and Ecuador
Total Contribution: 16,940,800
Number of votes: 86,225
of the institution's ownership
Videos available in Spanish
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.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
The country strategy for the 2018-2021 period prioritizes spurring economic growth to consolidate and deepen the social advances achieved since the turn of the century. To this end, the Bank supports the government in its effort to overcome the macroeconomic imbalances currently affecting the country, move toward a growth model in which private initiative takes on a more prominent role, and mitigate the potential adverse impact of this process on the most vulnerable groups. This strategic approach is based on three pillars: strengthening public finances; support for productivity and development of the private sector as engines of growth; deepening of the social advances achieved over the past decade.
Our team on the Ground
Address: Avenida Simon Bolivar S/N y Via Nayón Complejo Corporativo Ekopark - Torre 5, Piso 3 170124, Quito, Ecuador
Mailing Address: Apartado Postal Nº 17-07-9041, Quito, Ecuador
(T) (593-2) 299-6900
(F) (593-2) 299-6969
Executive Director: Carlos Alvarez
ALTERNATE EXECUTIVE DIRECTOR(S):
ELECTED BY: Chile and Ecuador
Total Contribution: 16,940,800
Number of votes: 86,225
of the institution's ownership
Videos available in Spanish
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.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
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