Ecuador’s 2040 Growth Plan Wins Development Bank Backing

Ecuador · Business Key Facts —Plan name. Agenda de Crecimiento Ecuador 2040, a 15-year policy roadmap. —IDB pledge. US$7.5 billion over five years, potentially rising to US$10.5 billion. —Initial loan. A US$200 million policy-based loan was approved for tax and energy reforms. —Four pillars. Institutional strength, fiscal stability, competitiveness, and financial depth. —Priority sectors. Mining,…