This investment by the U.S. Government will directly benefit community development projects in Ecuador implemented by non-governmental organizations and the private sector.
Quito, September 15, 2023. The United States and Ecuador celebrated the approval of more than $40 million in additional funding today under the Development Objective Agreement (DOAG), signed in 2020 by both countries. In June 2023, the United States and Ecuador signed an amendment to the DOAG extending the agreement from 2025 to 2030. This funding will increase the total contribution of the United States to Ecuador’s development.
This financial support, provided through the U.S. Agency for International Development (USAID), is an investment in the people, citizens and communities of Ecuador. It is not a loan, nor does it represent any debt. The funds will directly benefit community development projects in Ecuador implemented by non-governmental organizations and the private sector.
With these funds, these entities will continue to work on environmental protection, women’s economic development, citizen security, and the development and strengthening of basic services to benefit citizens.
The signing ceremony was attended by Michael J. Fitzpatrick, U.S. Ambassador to Ecuador; Gustavo Manrique, Minister of Foreign Affairs; Daniel Sanchez-Bustamante, USAID Director in Ecuador; among other authorities.
“Today we are investing more than $40 million to support Ecuadorians’ priorities related to the environment, citizen security and democracy, always focusing on the most vulnerable populations in this beautiful country,” said Ambassador Fitzpatrick.
In September 2020, the United States and Ecuador signed the Development Objective Agreement, in which they agreed to work together to achieve two development goals: strengthening institutionality, democratic citizen governance, and international collaboration; and promoting greater inclusion, sustainability, and a broader base for prosperity.