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The FLAR holds a loan to Ecuador for four months

Ecuadornews:   The FLAR thinks twice before lending money to Ecuador. Although four months ago, the Latin American Reserve Fund approved and made official the granting of a credit of 637.8 million dollars for Ecuador, the money has not entered the state coffers. The loan is...
Posted On 09 Feb 2018
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The comptroller’s office hits Correa’s economic team

Ecuadornews:   It was prohibited but, in any case, they authorized the payment of 40% of the state contribution for retirement pensions to Social Security with State bonds. That decision will cost 77.2 million dollars to the former finance ministers, Patricio Rivera and...
Posted On 08 Feb 2018
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Political parties reject the resolution of the IACHR

Ecuadornews:   Assembly members will propose a legislative pronouncement that ratifies the respect to the sovereign decisions of the country. They will continue with the procedure to apply the popular consultation. T he various political groups in the country reacted...
Posted On 08 Feb 2018
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Civil death rounds servers of the last regime

Ecuadornews:   For politicians and former officials who are linked or investigated in cases of corruption, question 1 of the constitutional referendum is of particular importance. With their approval, if they become sentenced, they cannot return to political life or be...
Posted On 08 Feb 2018
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The political trial against Ochoa is in the hands of the supervisory commission

Ecuadornews:   The Oversight Commission of the National Assembly qualified and admitted the process of impeachment proceedings against the Superintendent of Information and Communication, Carlos Ochoa, on the afternoon of this Wednesday, February 7, 2018. The assembly...
Posted On 08 Feb 2018
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The BIESS delivered $ 914 million in mortgage loans during 2017

Ecuadornews:   Housing loans granted during the past year occupied the largest portion of this category in the affiliate’s bank. On the other hand, private banks increased the placement between 2016 and 2017. The Banco del Instituto Ecuatoriano de Seguridad Social...
Posted On 08 Feb 2018
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E-money reaches $ 11 million in virtual accounts of the central bank of Ecuador

Ecuadornews:   Those who have their electronic money accounts have 52 days to consume, transfer or download their e-money from the virtual accounts of the Central Bank of Ecuador (BCE). According to the entity’s Weekly Bulletin, until February 2, there was $ 11.3...
Posted On 08 Feb 2018
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Work expense decreased, but it went up in salaries

Ecuadornews:   In the first month of this year, the Government thoroughly stepped the brake on spending on public works, as announced by the Finance Minister, Carlos de la Torre. In January, the Treasury allocated $ 240 million for capital and investment expenses. The amount...
Posted On 08 Feb 2018
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The business of organic products grows in Ecuador

Ecuadornews:   Reaching a healthy diet is the feat of the 21st century. However, consuming fruits and vegetables is not enough. Eating food free of chemicals is the goal pursued by lovers of organic products. But what are organic foods? The National Autonomous University of...
Posted On 08 Feb 2018
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The best typical costume of Miss Ecuador 2018 was chosen

Ecuadornews:   “Ecuador in its purest state” is the name of the best typical costume of Miss Ecuador 2018, chosen tonight at the Convention Center of Guayaquil. The design, which belongs to the Manabita Wenceslao Muñoz, who for the fifth time wins this...
Posted On 08 Feb 2018
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