Articles
Business intelligence and analysis on Ecuador
Ecuador Expands US Security Partnership With Surveillance Drones, Military Advisors, and Port Monitoring Systems to Combat Drug Trafficking
President Noboa has announced a significant expansion of security cooperation with the United States, including the deployment of American military advisors, surveillance drones, and advanced port monitoring systems. The partnership — part of the broader US-Ecuador strategic alignment that underpins the recently concluded trade agreement — targets drug trafficking networks and Colombian-origin armed groups operating in Ecuador's border provinces and port facilities.
World Bank Approves $900 Million Job Creation DPF and $200 Million Disaster Risk Facility, Reinforcing Ecuador's Fiscal Consolidation Path
The World Bank approved a $900 million Development Policy Financing operation for job creation and fiscal sustainability, alongside a $200 million disaster risk management facility, in November 2025. The combined $1.1 billion package supports Ecuador's fiscal consolidation -- with the deficit expected to narrow to just 0.7% of GDP in 2025 -- and positions the country to absorb climate and seismic shocks without derailing macro stability.
Noboa Enters Second Term Under Pressure: 60% Disapproval, Referendum Defeat, and Record $230M Security Pledge
President Daniel Noboa begins his second term confronting a stark contradiction: macroeconomic indicators are the strongest in a decade -- country risk at 460 points, reserves at $9.975 billion, inflation at 2.1% -- yet 60% of Ecuadorians disapprove of his administration and 72% see a negative future, according to CIESS polling. The government pledged a record $230 million security investment after 2025 registered the most violent year in the country's history.
CAF Launches Economic Forum 2026 in Quito and Signs $450,000 Technical Cooperation Agreement to Design Ecuador's National Competitiveness Policy
CAF (Development Bank of Latin America and the Caribbean) held a high-level event in Quito to launch the II International Economic Forum and signed a $450,000 non-reimbursable technical cooperation agreement with Ecuador's Ministry of Production, Foreign Trade and Investment. The agreement will fund the design of a comprehensive national competitiveness policy aimed at improving productivity across Ecuador's non-extractive sectors.
CAF and Ecuador Sign Technical Cooperation Agreement on Competitiveness at International Economic Forum
Ecuador and CAF signed a technical cooperation agreement on competitiveness policy at the II International Economic Forum in Panama City, where President Noboa outlined the country's economic stability and security strategy before 6,500 participants from 70 countries.
Ecuador's National Assembly Opens Debate on $1.4bn Tax Reform Package
Ecuador's National Assembly began formal debate on a sweeping tax reform package projected to raise $1.4 billion annually, including a new digital services tax and expanded VAT base, as the government seeks to meet IMF fiscal targets.