WASHINGTON, July 28, 2026 — The World Bank Group approved a new budget support operation to promote economic growth and job creation in Ecuador. The operation supports the Government of Ecuador’s reform program aimed at consolidating macroeconomic stability, strengthening public finances, and creating the conditions needed to attract private investment.
- This support from the World Bank reaffirms confidence in Ecuador’s economic path and in the policies that promote investment, competitiveness, and the creation of more opportunities for EcuadoriansMinister of Economy and Finance.Sariha Moya
The US$750 million financing from the International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, supports efforts to strengthen fiscal sustainability through greater efficiency in public spending, improvements in social transfers, and stronger management of revenues and fiscal risks. It also helps foster a better investment climate, expand access to finance for firms, and encourage greater private sector participation.
- Ecuador has made important progress in consolidating macroeconomic stability and restoring investor confidence. This financing will deepen actions that promote more formal employment, expand access to credit for small and medium-sized enterprises, and strengthen the country’s capacity to respond to external shocksWorld Bank Director for Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela.Ariel Yepez
According to World Bank Group estimates, the reform package supported by this operation could help create more than 180,000 additional, better-paid jobs by 2031, boosting economic growth and expanding opportunities for workers, young people, and women.
READ MORE: https://www.worldbank.org/en/news/press-release/2026/07/28/world-bank-group-supports-reforms-to-promote-investment-and-jobs-in-ecuador
