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Lasso criticizes the new debt issuance and attributes this to Moreno´s austerity
Posted On 31 May 2017
EcuadorNews:
Former presidential hopeful Guillerno Lasso has questioned the $ 2 billion bond issue in the New York market by the government of Lenin Moreno on the morning of May 30. “Sixth day of government, $ 2 billion of NEW DEBT: $ 1,000 million at 8.75% and $ 1,000 million at 9.625%,” Lasso wrote in his WhatsApp chat.
“The Correist-Leninist model in the last 6 months has had to borrow at the rate of almost $ 1 billion a month. The austerity was only for the inauguration speech,” he added.