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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

Fidel Márquez recommends to eliminate subsidies

Posted On 17 Aug 2019

The rector of the Ecotec College, Fidel Márquez, in an interview with Ecuavisa said that dollarization imposed a discipline in the country that did not exist before, “and that eventually has led us to create a stronger middle class.”

 

The analyst considers that in this time of international crisis in which the country has a super-hard currency and in the context of a change in the production and energy matrix, this should lead us -once and for all- “to stop this disastrous oil dependency.”

In that scenario the government has to review the possibility of eliminating certain subsidies: On the foreign debt, he said that we must rethink what kind of debt is right for the country and he did not hesitate to recommend the government to resort to international bodies for cheaper loans.

 

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