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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”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Budgetary assignments for 2015 were delivered under the amount of $ 36 317 million

Posted On 01 Nov 2014

fausto-herreraThe Finance Minister, Fausto Herrera, sent the budgetary assignments for 2015 to the National Assembly for $ 36 317 million, he said in his Twitter account.

The proposed amount is 5.9% more than the approved budget that was set for 2014, which was of $ 34,300 million.

Within the budget the oil price for 2015 was USD 79.7 per barrel, less than the amount scheduled for 2014, which was of $ 86.4.

In June the price of the Ecuadorian oil reached its highest point, standing at USD 98.9. But it’s value was falling in recent weeks, and on October 23 was of about USD 75.4.

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