He Authorities of Canada granted 53.3 million {dollars} (81 million Canadian {dollars}) which is a part of credit score sovereign to Ecuador. The Canadian embassy within the nation made the official announcement of the supply of cash in the present day, Tuesday, Might 14, 2024.
Based on the Canadian authorities, the cash is meant a generate actions to face the present power disaster that the nation lives. Additionally, wait make investments seen to a transition a clear energies and renewable.
However these 59 million aren’t the complete quantity that the North American nation needs to allocate to Ecuador. Properly he sovereign credit score what Canada will ship to the nation for a quantity that borders the 121 million Canadian {dollars}the Embassy reported in an announcement.
The letter of intent was signed final March, fifteenth between the Minister of Worldwide Improvement of Canada, Hamed Husedand the Ecuadorian Overseas Minister Gabriela Sommerfeld.
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