• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
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

Organization Americas Society highlights Ecuador as an economically stable country

Posted On 30 Oct 2020

The social and health combat against the coronavirus pandemic and economic decisions to overcome the emergency were the issues addressed by the President of the Republic, Lenín Moreno , in a discussion with corporate members of the Americas Society / Council of the Americas (Council of the Americas AS / COA for its acronym in English).

Organization Americas Society highlights Ecuador as an economically stable country

Susan Segal , CEO of the organization, moderated this space in which the actions of the National Government were highlighted, making it a benchmark. The Head of State commented that the country experienced difficult times, especially during the last seven months, due to the presence of the virus , which it was possible to face together with health experts and with biosecurity measures .

He stressed that thanks to correct and timely decisions such as the closure of borders, confinement, teleworking and tele-education; the nation “has the lowest rates in the region for infections and deaths,” he said.

He also highlighted the work of the brigades of the ministries of Health, Economic and Social Inclusion, National Police, Armed Forces and Manuela Espejo; who moved to Guayaquil in the most critical moments. In that sense, he highlighted the work of the president of the board of directors of the Ecuadorian Social Security Institute (IESS), Jorge Wated , who led the Joint Task Force , in the mission of collecting and identifying bodies.

He recalled that the National Government built a cemetery to guarantee a dignified rest for citizens. On the economic front, Moreno emphasized that “from the beginning of this crisis, we have proposed a three-phase strategy: resistance, reactivation and recovery ” aimed at lifting up the country that had already been struggling with a complicated financial situation. “We inherited an immense debt, the pandemic surprised us without money in the fiscal coffers,” he said.

Added to this was the drop in the price of a barrel of oil and the lack of tax revenue. Despite this, he recognized that the “heroism of the companies allowed non-oil exports to grow from 10 to 15%” and decisions such as the payment of $ 340 million for foreign debt led to the successful refinancing of $ 17 million with the holders .

In addition, Ecuador obtained an exceptional program with the International Monetary Fund of $ 6,500 million. Another axis was the Humanitarian Support Law to protect sources of work, which entailed new contracting modalities, and the productive sector, which has felt the blow of the pandemic.

“This government is betting on situations that are politically inappropriate but that have helped save lives. We regain confidence and now we are heading to the future, “he said. For her part, Susan Segal, highlighted the trajectory of the President, both from the business sphere and in his functions as Head of State.

Segal expressed that “the commitment to human rights, to face corruption with the objective of developing the country and the promotion of foreign investment ” made him worthy – last year – the Gold Insigne Award, the highest decoration that the Council de las Américas delivers to heads of state who have been democratically elected, in recognition of the work done.

The AS / COA representative also made reference to the Government’s policies in the international field, focused on human rights, production, the environment and human mobility. “We see the transformation of Ecuador into an economically stable country where the rule of law is guaranteed,” he concluded. (I)

https://www.eltelegrafo.com.ec/noticias/actualidad/44/organizacion-americas-society-ecuador-como-pais-economicamente-estable

About the Author
  • google-share
Previous Story

Lenín Moreno: I inherited an ambush that socialists of the 21st century tend to set

Next Story

Cyber ​​theft lights up alerts in Ecuador

SEARCH

LATEST NEWS

ecuadortimes-cristian-espinosa-was-appointed-ambassador-of-ecuador-to-the-united-states_cristian-espinosa-fue-nombrado-embajador-de-ecuador-en-estados-unidos

Cristian Espinosa was appointed Ambassador of Ecuador to the United States

Posted On 28 Jun 2024
ecuadortimes-daniel-noboa-receives-the-credentials-of-the-new-united-states-ambassador_daniel-noboa-recibe-las-cartas-credenciales-del-nuevo-embajador-de-estados-unidos

Daniel Noboa receives the credentials of the new United States ambassador

Posted On 27 Jun 2024
40-000-mujeres-recibiran-becas-en-educacion-superior

40,000 women will receive scholarships in higher education

Posted On 26 Jun 2024
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net