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Morosity in the Development Bank reached 6% in 2024, but has recovered in the first months of 2025

Summary by El Universo
The Development Bank of Ecuador (BDE) is a key player in the financing of Decentralized Self-Governments (Decentralized Self-Governments). With the exception of Quito and Guayaquil, 80% of the public works of local governments are financed by the institution's resources.

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Financial Afrik broke the news in on Tuesday, April 1, 2025.
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