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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 shadow of restrictions remains on the trade debate

Posted On 09 Jun 2017

Ecuadornews:

 

 

Three analysts agree that taxes on the outflow of dollars would continue. Imports will be controlled. As well as higher taxes. The economy of a country is like a swimming pool, to swim at ease you need enough water (income dollars). The problem is when the hose that fills the pool shrinks, and the one that draws the water (exit of dollars) is enlarged. Since the latter is occurring, three analysts agree that the Government will have to somehow control imports and even that the tax on remittance of currencies will remain.

Two of the experts, summoned by the Ecuadorian-American Chamber of Commerce of Guayaquil, pointed out that they were not the official voice of the current Government, although they worked with former President Rafael Correa; They said they do not have a crystal ball either; But the figures and the external and internal economic situation gives light on what Lenin Moreno might be doing: lending money, controlling imports and raising taxes (I).

 

Source: http://www.expreso.ec/economia/la-sombra-de-las-restricciones-vuelve-al-debate-comercial-BD1401267

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