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International markets are really anxious to know what will happen with the credit program that the Government of Ecuador negotiates with the International Monetary Fund (IMF), formally since March 7, 2024. Due to the high debt that Ecuador has with the multilateral, investors...

The country risk fell 73 points on April 17, in the context of the participation of the Minister of Economy in the spring meetings of the IMF. Ecuador’s country risk fell 73 points and stood at 1,141 on Wednesday, April 17, 2024. This drop in country risk occurred at a time...

The Minister of Energy in charge, Roberto Luque, held a press conference with other members of the Presidential Cabinet. “We have worked since the early hours of the morning with the Cabinet, CNEL, Celec, Cenace, to understand all the variables that affect this energy...

In an interview for EcuadorTv, the Minister of Labor, Ivonne Núñez, referred to the Popular Consultation, in particular to the question regarding changes in the Labor Code. The official assured that with the hourly contract “it will benefit more than 70% of the economically...

The state mining company Enami is allying itself with Barrick, Solaris and Hanrine, which promise investments of USD 172.5 million, although anti-mining pressures persist. The new management of the National Mining Company (Enami) begins 2024 with an ambitious plan, after closing...

The trade balance -of non-oil products- between Ecuador and Mexico is in deficit. That is, Ecuador imports more products in relation to those it exports. Data from the Ministry of Production, Foreign Trade, Investments and Fisheries indicate that between January and December 2023...

The International Monetary Fund (IMF) called on Ecuador this Thursday to guarantee macroeconomic and fiscal sustainability, a month after President Daniel Noboa announced that he is negotiating a possible agreement with the institution. “In Ecuador, the authorities have...

The collapse of the Baltimore bridge could congest other ports in the United States to which exports from Ecuador also arrive. The collapse of the Francis Scott Key Bridge in Baltimore, Maryland, in the United States, has caused concern in the Ecuadorian export sector due to the...

On the other hand, foreign direct investment registered the lowest amount in 2023, at least since 2016, with an amount of USD 372 million, according to the Central Bank. In 2023, Ecuador recorded USD 5,448 million in remittances received, the highest amount achieved in...

According to figures from the Institute of Statistics and Censuses (INEC), there are 2,832,153 Ecuadorians who are adequately employed or according to figures from February 2024. This is also corroborated by the National Employment, Unemployment and Underemployment Survey...