Ecuador's President Predicts 4% Growth in 2025 Despite Economic Challenges

INSUBCONTINENT EXCLUSIVE:
stabilizing public finances and creating conditions for growth.Speaking on a local radio station in El Oro province, he described 2024 as a
into the economy through targeted initiatives
His government has prioritized financing for housing, entrepreneurship, and public infrastructure projects while addressing outstanding
debts, particularly in the healthcare sector.These measures aim to boost domestic demand and create jobs in key sectors like construction
and services
(Photo Internet reproduction)The BCE reported a 1.5% GDP contraction in the third quarter of 2024 compared to the previous year, reflecting
ongoing economic struggles
economy
Noboa has sought to attract foreign investment through public-private partnerships (PPPs).He has secured $10 billion in infrastructure
projects, which are expected to generate tens of thousands of jobs
entrenched challenges
stability.