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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’s 2015 budget is under development

Posted On 03 Sep 2014

presupuestoThe Finance Minister Fausto Herrera in a EcuadorTV interview, confirmed that the budget of Ecuador in this 2014 is 100% funded and until now they are working to concretise the 2015.

Herrera said that he met with the authorities of the Development Bank of China, in order to specify the negotiations and close the fiscal gap of next year.

The Minister indicated that in 2015 Ecuador will have a high fiscal pressure, because the construction of large strategic projects such as hydroelectrics are being completed. He explained that the deficit of next year would be between $ 4,500 million and $ 5,000 million.

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40,000 women will receive scholarships in higher education

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