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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

The ‘magic realism’ of the economy

Posted On 23 Aug 2017

Ecuadornews:

 

 

A minefield from which a soldier manages to escape. The latest projections of the Central Bank (August 17th) on the Ecuadorian economy look optimistically over the next four years, in opposition to what private players predict, who claim that the agency is “denying reality.”

An undeniable reality President Lenin Moreno has recognized himself. “Ecuadorians have to come together to move the country forward, difficult times are ahead of us,” says Moreno. However, the Central Bank predicts a strong export performance and less buoyant imports, resulting in a significant positive trade balance of 2.258 billion dollars in 2020. (I)

 

 

Source: http://www.expreso.ec/economia/el-realismo-magico-de-la-economia-BB1641928

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