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VAT revenues would fall despite the tax rise

  Despite the increase of 2 points in the value-added tax (from 12% to 14%) proposed in the Law of Solidarity Contribution and Citizen Co-responsibility because of the effects of the earthquake, the drop in revenue from this tax will continue in 2016, according to...
Posted On 27 Apr 2016
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Trade and tourism, the hardest hit after earthquake

    Before the earthquake, Manabi and Esmeraldas had a very similar profile of economic activity. Retail sales, small businesses, low-income and ordinary citizens as the main customers, according to the National Economic Census 2010 (the latest available). After the...
Posted On 27 Apr 2016
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A “solidarity sit-in” is organized for Thursday in the Arbolito Park

  Different civil society organizations have called a Solidarity sit-in for Thursday April 28 in Quito and Cuenca, both at 17h00. The main objective is to collect and classify donations that will be sent to Manabi and the south of Esmeraldas for people affected by the...
Posted On 27 Apr 2016
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Assembly adopted a law that increases taxes on alcoholic beverages

  With 93 votes in favor, 29 against and 3 abstentions, the plenary of the National Assembly Tuesday approved the so-called Law for the Balance of Public Finance, submitted by the Government on March 30 as a matter of economic emergency (the legislature had a month to...
Posted On 27 Apr 2016
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After mourning and forms government supporters will gather signatures for re-election

  Until yesterday, the National Electoral Council (CNE) did not receive the notice of the resolution of the Constitutional Court (CC), that made feasible the request for a referendum to repeal the transitional provision of the amendment to the Constitution that prevents the...
Posted On 27 Apr 2016
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UN says that Ecuador´s earthquake is the greatest disaster in the region since 2010

  Humanitarian Coordinator of the United Nations in Ecuador Diego Zorrilla today pointed the 7.8 magnitude earthquake, that last April 16 struck parts of the northern coast of the Andean country, as the biggest disaster in the region since the earthquake occurred in Haiti in...
Posted On 27 Apr 2016
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Ecuadoreans send donations to the earthquake victims from the United States

  Minister Counselor of the US Embassy Douglas Koneff referred to the donations made by Ecuadorians in North America. Everyday cargo planes from countries like Brazil, Colombia and Russia come up with aid for the victims of Manabi and Esmeraldas. Source:...
Posted On 27 Apr 2016
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Implementation of construction regulations is urgent, experts say

  Experts note as urgent the application of the Ecuadorian construction standards, a renewed regulation, published in 2015. This text sets more rigorous parameters for buildings to be safe and resistant to earthquakes. According to the Organic Code of Territorial...
Posted On 27 Apr 2016
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Weekly addresses will continue to be broadcast despite President Correa´s offering

President Rafael Correa announced this week the reconstruction program for Manabi, one of the most affected provinces by the devastating earthquake of 7.8 magnitude, occurred 10 days ago, whose epicenter was Pedernales. This was announced on April 26 tby he National Secretary of...
Posted On 27 Apr 2016
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Samaritan’s Purse Hospital will be at least two months in Chone

  US physicians and doctors of the Samaritan’s Purse organization have extended their hands to save lives and cure hundreds of wounded left by the 7.8 degrees earthquake of Saturday, April 16. That hospital for emergency surgery, installed on the grounds of th...
Posted On 27 Apr 2016
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