Ecuador allocates $332M for 7,385 earthquake-affected homes via Patria Milagro Fund

Ecuador's government has allocated $332 million from the Patria Milagro Fund to assist 7,385 homes damaged by an earthquake. The fund, initially capitalized with $624.656 million from a World Bank loan, is separate from private donations, which the Executive clarified do not flow through this account. The scale of the allocation suggests a significant disaster response, though the earthquake's timing and full impact remain unspecified.

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