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Twelve former Legislators lash out against the Attorney General

Ecuadornews:     Twelve former opposition lawmakers, including a former PAIS militant (Oswaldo Larriva), met again yesterday. The major goal, they said, is the fight against corruption. After enrolling in the “Collective of former legislators for democracy and...
Posted On 08 Aug 2017
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Private banks plan to manage the electronic money system by the end of 2017

Ecuadornews:     Private banks already have a plan for the management of electronic money. First, legal reforms must be done the Public Finance Code to ensure the exclusive control of private banks and cooperatives; and delegate the regulation of tariffs to the Monetary...
Posted On 08 Aug 2017
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Partial veto to the Law on Tax Havens

Ecuadornews:     The presidential decision to veto the Tax Havens Act does not appeal to everyone in the Legislature. Legislators from the opposition believe that such law does not combat corruption, such as the latest acts of corruption investigated by the Office of...
Posted On 08 Aug 2017
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‘Overestimated’ income in the budget pro forma that arrived in the Legislature

Ecuadornews:     Last Friday, the presidential office delivered the 2017 budget proforma – amounting to $ 36,818.12 million – to the Legislature maintaining a budget deficit of 4.7% of the Gross Domestic Product (GDP). The budget would have been elaborated...
Posted On 08 Aug 2017
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Lenin Moreno will sell an aircraft and will lower the wages of senior officials

Ecuadornews:     President Lenin Moreno announced the sale of one of the two presidential airplanes, as one of the measures to overcome the difficult economic situation. The announcement was made on Monday night in his weekly television space called ‘The...
Posted On 08 Aug 2017
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