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Commerce, hit by insecurity, fears lower consumption due to a possible increase in VAT

42% of VAT collection in 2023 came from businesses in the commerce sector, whose sales have reported declines since July 2023. If the proposal of the Government of Daniel Noboa is approved, to increase the Value Added Tax (VAT) from 12% to 15%, most of the collection would come...
Posted On 29 Jan 2024
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The United States will provide Ecuador with assistance for air interception

The agreement for Air Interception Assistance, signed by Guillermo Lasso’s government with the United States, includes financing, intelligence and radar data, equipment and training. The bilateral agreement between Ecuador and the United States for “Air Interception...
Posted On 29 Jan 2024
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