Institutional Renewal Party of National Action

The Institutional Renewal Party of National Action (, PRIAN) was a centre-right, populist political Party in Ecuador. At the legislative elections on 20 October 2002, the Party won 10 out of 100 seats. Its presidential candidate Álvaro Noboa, the wealthiest man in Ecuador, won 17.4% of the vote in the presidential elections on the same day, but was defeated in the second round. At the October 2006 elections, Noboa was the party's presidential candidate again. This time, he came in first place in the first round, winning 26% of the vote, but he lost again the runoff, this time against Rafael Correa. At the Ecuadorian National Assembly elections, the Party won 28 of the 100 seats and became the largest party in Congress. In 1998, Álvaro Noboa became the outside runner in the presidential elections. He achieved a technical draw with the man who then became President of Ecuador. Álvaro's popularity was left unscathed, and on 20 September 2002 all polling companies with the exception of one predicted that Noboa would have become President of Ecuador if the elections had been held on that day. Today, polls show that Álvaro Noboa remains the number one choice of the Ecuadorian citizen to become the next President of Ecuador. In 2002, Noboa inspired and guided the foundation of the PRIAN political Party. The party was an immediate success after it was established and gained ten seats in Congress in less than six months.