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The government analyzes two ways to maintain dollarization

Ecuadornews:     President Lenin Moreno said that $ 8 billion is required every year to pay off the fiscal deficit and pay off domestic and foreign debt. Additional $ 2,000 must be secured to meet national objectives until 2021. Two lines of work were proposed to...
Posted On 31 Jul 2017
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A shortfall of $ 16,386 million

Ecuadornews:     There is a shortage of money. The budget proforma of $ 36,818 million has a gap of $ 16.36 billion to be filled over the next five months. Figures from the Ministry of Finance show that, as of July 30, the Government obtained $ 20.432 billion to meet...
Posted On 31 Jul 2017
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Odebrecht appointments were held in suites and restaurants

Ecuadornews:     Megaprojects and emblematic public works were discussed in private suites, restaurants, and public offices. This is evidenced by unsworn versions included in the file opened against Ricardo Rivera, uncle of Vice President Jorge Glas, and eight other...
Posted On 31 Jul 2017
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Lasso calls to reject what happens in Venezuela firmly

Ecuadornews:     The leader of the political opposition in Ecuador Guillermo Lasso today considered that those who defend democracy have to “actively” reject what happens in Venezuela. “Those of us who defend FREEDOM and DEMOCRACY must firmly reject...
Posted On 31 Jul 2017
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President Lenin Moreno uses three channels to communicate

Ecuadornews:     President Lenin Moreno uses three channels to convey his messages: “The Government Informs,” Twitter, and public events. The first, his weekly address, serves to summarize his weekly management. Social networks are the second channel, which...
Posted On 31 Jul 2017
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