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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

Government would allocate to Production, Employment and Competitiveness $ 12,865 million until 2017

Posted On 26 Jun 2014

MinisterioCoordinadorPECAccording to the Multi-Year Plan for Public Investment (PPIP for its Spanish acronym) it is provided an investment (which started last year) of $ 45,234 million by 2017. The Government states to have 2 objectives: To reduce extreme poverty and change the production model.

The PPIP consist  on programs and projects posed by state agencies, whose funding is included in the General State Budget (PGE for its Spanish acronym), which this year increases to $ 34,300.63 million.

Until 2017 the sectors that will get more resources is the production, employment and competitiveness, with a total of $ 12,865,000. For social development, the government allocated $ 810 million this year and 56.29% for the health sector ($ 771.52 million).

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