• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Buyers from 30 countries will be at the Macro Business Roundtable
National Court requests red notice from Interpol for María Duarte
The cheapest vehicle in the world could not circulate in Ecuador
Businessman Daniel Noboa announces his candidacy for the Presidency of Ecuador
Lasso: Never again will a president be left in the hands of a conspiratorial Assembly
Colors of the flag of Ecuador shine in Spain and Australia
Guayaquil will have 1,900 more police officers to reinforce security
Bivalent vaccines against covid-19 will arrive in Ecuador in June
Did you know that deaths from hypertension in Ecuador rose 51% in four years?
Puerto Bolívar obtains a credit of USD 150 million from the United States

Imports are the key piece of GDP

Posted On 02 Oct 2017

Ecuadornews:

 

 

The economy continues to grow, said yesterday manager of the Central Bank of Ecuador Veronica Artola when presenting the Quarterly National Accounts.

In the second quarter of this year (from April to June), the Gross Domestic Product (GDP) grew by 3.3% compared to the same period in 2016, according to CB figures.

However, for productive sectors and analysts, the positive numbers for this year are since the second quarter of 2016 was one of the most complicated after the earthquake of April 16.

Another factor they note is that this year the economy had an injection of liquidity thanks to public indebtedness and not to sound policies.

At the end of May this year, five days after Lenin Moreno came to power, Ecuador issued sovereign bonds for $ 2 billion.

 

 

 

According to the CB, the economy has expanded in the last three consecutive periods.

The reactivation in imports has increased by 13.2%, compared to the same period last year.

In the same way, consumption in households also showed an increase of 5.4% and, according to Artola, this is one of the main factors for the recovery of the economy. (I)

 

 

Source: http://www.expreso.ec/economia/importaciones-comercio-economia-bancocentral-CA1736271

About the Author
  • google-share
Previous Story

Cuarteto de Nos and Vilma Palma will give a concert in Cotacachi

Next Story

Vice President Jorge Glas was arrested in jail 4 of Quito

SEARCH

LATEST NEWS

Buyers from 30 countries will be at the Macro Business Roundtable

Posted On 29 May 2023

National Court requests red notice from Interpol for María Duarte

Posted On 29 May 2023

The cheapest vehicle in the world could not circulate in Ecuador

Posted On 25 May 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net