Ecuador suffers the worst banana crisis of recent times

10 weeks since the banana crisis in Ecuador and the monetary losses go up to $ 600 million.

Ecuador registers monetary losses of $ 600 million due to the Sigatoka Negra fungus.

The President of the Banana Chamber, Evaristo Baque, says that 40% of banana plantations in the country has been affected by the fungus, ie, 85,000 hectares.

“This is the result of mismanagement of the country’s banana policy,” said Baque.

Due to this situation, Ecuador went from exporting 283,000 million boxes to only 260, said President of the Association of Banana Exporters of Ecuador (AEBE for its Spanish acronym), Eduardo Ledesma.

In an Ecuavisa analysis, it was determined that the fungus is not the only cause of the banana crisis, but also it should be considered the droughts, the disrespect to the official price of bananas and the poor and delayed support from the Government on the banana emergency. (MZ)