In an event held at the Coliseo Arena José Desimavilla in northern Guayaquil, Ecuadorian President Daniel Noboa led a ceremony to distribute over $7 million in non-reimbursable funds aimed at supporting beneficiaries of the National Institute of Popular and Solidarity Economy (IEPS) programs. The gathering was filled with authorities and beneficiaries before the scheduled start time, highlighting the importance of the event for local communities.

The director of the IEPS, Arianna Burgos, spoke about the significance of this financial support, emphasizing that it would be used to empower projects that generate income and strengthen community economies. The funding is designed to respect the organizational structures and dignity of the local populations involved, reflecting a government initiative to tackle economic issues at the grassroots level.

President Noboa also addressed the audience, reaffirming his administration's commitment to combatting unemployment and poverty in Ecuador. This initiative marks a continued effort by the government to provide financial assistance to community-driven projects, thereby fostering economic independence and resilience among vulnerable populations throughout the country.