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World Bank: Fuel subsidy is a vestige of the past and harms Ecuador’s economy

The World Bank warns that widespread subsidies cause inefficient use of resources and harm fiscal stability. Economic growth has remained “elusive” in the last ten years for Ecuador, leading to an increase in poverty and a deterioration in the quality of employment,...
Posted On 30 May 2024
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Daniel Noboa will meet with Nayib Bukele in El Salvador

President Daniel Noboa will attend the inauguration of Nayib Bukele in El Salvador, who will begin a second term on June 1. President Daniel Noboa, whom many have called the ‘Ecuadorian Bukele’ , although he has denied it, will attend the inauguration of the...
Posted On 30 May 2024
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