World Bank sets goals for Ecuador investment package

The World Bank is currently engaged in a $2 billion investment with Ecuador. This investment includes assessment for social and work policies. Back in 2014, Ecuador had not had any relationship with the World Bank for 8 years. But since then, when Alberto Rodriguez, World Bank Director for Bolivia, Chile, Ecuador and Peru took office, the institution has engaged in a long-term financing plan with Ecuador. “Back in those days, commodities were at a high price, allowing Ecuador to finance most of their projects. They decided to disregard our council. But, this all changed when commodities plunged,” he said. He…

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