Ecuador, Dec. 11 -- The Executive Board of the Inter-American Development Bank (IDB) approved $203.2 million in financing for the Productive Investment Financing Program for SMEs in Ecuador, aimed at increasing investments and strengthening the competitiveness of small and medium-sized enterprises (SMEs) through the second-tier operations of the Corporacion Financiera Nacional B.P. (CFN).The program includes an IDB loan of $190 million and three different types of financing from the Green Climate Fund (GCF) and the Amazon Bioeconomy Fund managed by the IDB: a $10 million loan; a non-reimbursable investment grant of $1.7 million; and a non-reimbursable technical cooperation grant of $1.5 million.The program seeks to expand long-term producti...