WASHINGTON D.C., August 4, 2022 - The World Bank Board of Directors approved a US$ 500 million development policy loan for Ecuador to support government efforts to achieve inclusive, resilient and low-carbon development. This is the third of three loans disbursed since the beginning of 2022. The first operation, for US$ 700 million, was approved in February 2022, and the second, for US$ 500 million, was approved in December 2022. These loans seek to support fiscal sustainability, protect the most vulnerable sectors and promote low-carbon development.

https://www.miragenews.com/world-bank-grants-500m-for-ecuadors-green-1060559/

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