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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
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“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
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National blackout in Ecuador due to transmission line failure, confirms the Government

Accounts given by regime do not convince all the Plenary

Posted On 31 Aug 2016

 

pleno asamblea ecuador- ecuadortimes

Finance Minister Fausto Herrera, and technical secretary of the Committee for Reconstruction and Reactivation of the areas affected by the earthquake, Carlos Bernal, presented yesterday at the Assembly the first report of the Solidarity Act.

With cut to 10 August, Herrera reported that revenue solidarity contributions are $ 496 millions. Over $ 6 millions of donations and $ 38 millions of TBC and credit notes, giving a total gross of $ 540 million.

Before the law, from the Budget, expenses of the earthquake were covered, and then they were “compensated” with the standard. By August 15, $ 888 millions have been allocated and $ 182 millions have been accrued.

Of the $ 888 millions, $ 325 millions are from law and $ 563 millions to the revenue in the budget and, from the $ 182 millions accrued: $ 69 millions from the act and $ 113 to the budget.

 

$ 333 millions in loans with IDB, World Bank and CAF for the attention of the earthquake have been hired, and there are other external credits in process by $ 437 millions.

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