President Lenin Moreno wants to measure the impact of the law. Legislators defend it. The construction guild calls for its repeal.
But apparently, for Moreno is not clear the benefit that would have generated the law following its approval in December. He rather said that, according to the Central Bank, the construction sector had a contraction of 7.3% in the first half of this year, compared to the same period in 2016.
The announcement of revision is part of the approaches the Government has made with several productive sectors, recognized in Guayaquil the president of the Legislature Jose Serrano. He believes that it is possible to reform the law to revive the real estate industry. (I)