October 11, 2005
Ecuador and the World Bank have set aside their recent differences to start
Ecuador and the World Bank have set aside their recent differences to start talks. This is the first time the two parties have sat down since August when the World Bank suspended the disbursement of a $100 million loan. This was prompted by a change in the law resulting in the restructuring of the country's oil stabilization fund. The loan was part of the Bank's fiscal support program for Ecuador.