Oil ‘will save’ the 2018 accounts

The goals are moderate and are already set. Today, the Legislature will approve this year´s State Budget, which totals 36,818 million dollars. The authorities expect to take the next step and define the scenario of 2018. They say, there will be changes in revenues and expenditure.

Minister of Economy and Finance Carlos de la Torre said that a “passive budget” was presented this year. That is, a document without significant changes and that kept in line with the previous government’s management. In 2018, however, the policies and measures to be implemented by President Lenin Moreno will be seen.