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Investment in the country of a defendant for international looting

Ecuadortimes: The reach of a corruption plot discovered in Andorra reaches Ecuador, which recently led to the judicial prosecution of 28 people, including former Chavista officials, businessmen and front men, accused of money laundering and bribery for contracts in the company...
Posted On 05 Nov 2018
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Homologation of salaries in public companies applies to new positions after merger

Ecuadornews: The homologation of salaries in public companies will be applied to the new positions that are built within the process of mergers that takes place in these companies. This was explained yesterday by Labor Minister Raúl Ledesma. In this way, such approval will not...
Posted On 31 Oct 2018
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The bank must return money for undue charges, with interest

Ecuadornews: The problem of undue collections through the institutions of the financial system came to the Board of Monetary and Financial Policy and Regulation. In a press release, released on, October 30, 2018, the agency reported that since October 26, 2018 passed Resolution...
Posted On 31 Oct 2018
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Study determined that Ecuador does not save

Ecuadornews: The 2016 ‘Save to develop’ report of the Inter-American Development Bank (IDB) concluded that Latin America saves little and badly, barely 18% of the region’s Gross Domestic Product (GDP). For Natalia Garzón, executive director of foundation...
Posted On 31 Oct 2018
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More than 80 officials prepare the 2019 proforma

Ecuadornews: A lot of coffee, 16 hours of daily work and even weekends. This is how the budgetary proforma of 2019 is finalized, according to officials from the Ministry of Economy and Finance (MEF), which will be sent to the Assembly between today and tomorrow for discussion and...
Posted On 31 Oct 2018
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Ports: the Navy wants to return to its role

Ecuadornews: The waves are shaken in the maritime and port administrations of the country: the Navy has convinced, by word of mouth, the President of the Republic, Lenin Moreno, to take the helm again. The ports are under the administration of the Ministry of Transport and Public...
Posted On 31 Oct 2018
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Ports: the Navy wants to return to its role

Ecuadornews: The waves are shaken in the maritime and port administrations of the country: the Navy has convinced, by word of mouth, the President of the Republic, Lenin Moreno, to take the helm again. The ports are under the administration of the Ministry of Transport and Public...
Posted On 30 Oct 2018
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The Treasury arms the pro forma with oil from USD 54

Ecuadornews: The Ministry of Finance accelerates the preparation of the Pro Forma Budget 2019, which must be sent to the Assembly until this Thursday, November 1, 2018. The Portfolio adjusts the key information with some entities such as the Central Bank of Ecuador, the Service...
Posted On 30 Oct 2018
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Fourteen law firms receive $ 80 million for defending the Ecuadorian State

Ecuadornews: “I hope you do well!” The phrase, which drew applause on Rafael Correa’s Saturday’s broadcasts, cost millions. The officials of the Attorney General and the external lawyers hired for the defense of the State in the courts and international...
Posted On 29 Oct 2018
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At $ 6.30 banana box for 2019

Ecuadornews: Through the Ministerial Agreement 135 of last Friday, the Ministry of Agriculture and Livestock (MAG) set for 2019 at $ 6.30 the minimum support price of the banana box from 41.5 to 43 pounds, which corresponds to the 22XU box, equivalent to 0.1518 per pound, for...
Posted On 29 Oct 2018
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