Guillermo Avellán
General Manager Central Bank of EcuadorA Central Banker's Perspective: Central Bank of Ecuador's gold acquisition program
The Central Bank of Ecuador (CBE) has strengthened its gold acquisition program over the past three years. The program has made significant progress towards formalisation and access to finance – with good terms – for small-scale and artisanal miners. This important initiative aims to promote sustainable mining practices, foster economic development, enhance financial inclusion within mining communities, and expand the country's international reserves.
