Ilan Goldfarne, president of the American Development Bank, said on social networking platform X that the bank plans to provide 75 billion to 10.5 billion US dollars in financing to Ecuador over the next five years. Goldfarne said that whether the final loan size can reach the upper limit of the range depends on whether Ecuador can successfully implement the supporting conditions required to incentivize investment. The relevant financing will be used for security and crime prevention and control, public housing subsidies, education and labor skills training, medical projects to improve chronic malnutrition among children, and support private sector investment in mining, energy, comprehensive agricultural industries, manufacturing and tourism.

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