• 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

Public external debt rose 20.575 million dollars

Posted On 03 Feb 2016

 

The latest figures are from November-2015. Public and private external debt (of companies) rose.

These are the statistics of the Central Bank of Ecuador (BCEfor its Spanish acronym) until November last year. Thus, the State has commitments abroad for $ 20,575,000 (or 20.8% of Gross Domestic Product-GDP), ie $ 3,662 million more than it was owed until November 2014.

While the foreign debt of private companies rose 500 million to settle, last November, at 6.944 million.

But the government has a higher debt, when its domestic obligations are added. According to the BCE, until November, the domestic public debt reached 12.385 million dollars.

The bulk of this debt are the State bonds (11.612 million). $ 697 million were paid for interest. Adding the domestic and foreign public debt, the state accumulates liabilities that are 33% of GDP.

 

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8859380&idcat=38229&tipo=2

About the Author
  • google-share
Previous Story

Comptroller denounces damage to the State for $ 23 million

Next Story

Former vice president of Ecuador says: they squandered the money and abused of public spending

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