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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Ecuador will have more than $ 8,000 million investment in 2015

Posted On 20 Oct 2014

correa-presupuesto-2015-8000-millonesOn Saturday during its usual nation-wide broadcast, President Rafael Correa announced the Annual Investment Plan for next year, which will include a budget of $ 8,000 million in six areas of the Executive.

Higher values ​​will be invested in strategic sectors, $ 3,000 million; health, $ 800 million; road work, $ 1,000 million; and national security, $ 617 million, of which $ 185 million will go to the National Police and $ 250 million for the Armed Forces.

However, the president acknowledged that 2015 will be difficult. “The 2015 is fiscally tight. (…) The price of oil has gone down, not at an alarming rate, and I think it will recover, but every dollar it lower, means $ 70 million less for the country; It has dropped about $ 10, which represent $ 700 million less,” he said.

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40,000 women will receive scholarships in higher education

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