First Inclusive and Sustainable Growth DPF

closed

The First Inclusive and Sustainable Growth Development Policy Loan Project for Ecuador is built on the following three pillars : i) promote a more efficient mobilization and allocation of government resources; ii) reduce barriers for private sector development; iii) protect and include vulnerable segments of the population. Achieving macroeconomic stability and transitioning towards a sustainable and inclusive economic model are primary concerns of the government. The development policy financing (DPF) series complements and reinforces stabilization efforts by supporting measures to increase spending efficiency and revenue mobilization, and tackle distortions and level the playing field for private sector-led growth, which are all important measures to sustain growth under less favorable external conditions. Similarly, strengthening the country’s social safety net and promoting financial inclusion will protect the most vulnerable and improve inclusion throughout the adjustment process. This DPF series plays a central role in the World Bank Group’s (WBG’s) enhanced engagement with the government of Ecuador the context of a new country partnership framework (CPF).