Fall in Ecuadorian economy by low oil prices
The income of Ecuador by low oil prices will reach about $ 7,000 million in 2015.
In the first quarter the government stopped receiving about 2,000 million, said last Tuesday the president of the Republic, Rafael Correa, in a panel discussion with media in Guayaquil.
Correa considers they have done a good management of liquidity and therefore he even forecasts a double grow of what other countries in the region would grow.
The president also said he has continued providing resources to municipalities as if oil prices continued at a $ 79.7 price, so that regional governments have not felt the low liquidity in the economy.
Between January and May 2015, according to Central Bank data, the barrel has been in the order of $ 47.32 ($ 32.38 less than budgeted).
http://www.eluniverso.com/noticias/2015/07/30/nota/5044879/2-mil-millones-menos-crudo