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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

Ministries will receive 38.5% of the Budget for 2015

Posted On 01 Dec 2014

Screen Shot 2014-12-01 at 11.45.41Ecuador currently has 27 ministries in total. These 27 entities will receive 38.5% of the budget for 2015, which amounts to $ 36 317 million.

The five ministries that will receive more budget in 2015 are: Education, Health, Non-Renewable Natural Resources, Electricity and Defense.

Of the 27 ministries, five will capture the 84.3%. The State Ministries that spend the most in salaries are the Ministry of Education and Health, for their doctors and teachers staff.

The Ministry of Electricity provides strong investments for the eight hydroelectric plants that are in final stages of construction and expect to be operational by 2016.

Eighteen of the 27 ministries (67%) contemplate also personnel expenses considered investments. Of these, Education presents an item of USD 140.2 million, the Coordinating Ministry of Knowledge and Talent etsablishes USD 9.7 million, Industries sets an amount of USD 7 million, while Agriculture establishes USD 5.5 million.

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