Meeting with Ecuadorian Minister of Finance

At the meeting, CAF Representative in Ecuador Luis Paláu and Minister of Economy Diego Borja dealt with various subjects, including the operations that the organization executed in the country last year and the approvals planned for execution in 2006.

In 2005 CAF approved operations totaling US$815 million for Ecuador for the public and private sectors, and disbursed US$350 million, representing 82% of multilateral loans to the country.

Paláu said that a Programming Mission from headquarters would visit the country in February to review the operations to be approved, contracted and disbursed in 2006.