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BREAKING NEWS
Polo Ralph Lauren and Michael Kors will open their stores in Guayaquil
Files were opened to 17 banana exporting companies for allegedly not respecting the official price and falsehoods in the shipping plans
Ecuador will be able to recover from the strike in the second half of 2022
Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike

The State is indebted on several fronts

Posted On 09 Mar 2017
The public sector accumulates external debt in each agency it administers. The commitments to pay in municipalities, local governments and public companies, -without including the debt that directly contracted by president Rafael Correa- amount to 2,516.2 million dollars.
The amount, presented in the report of the Ministry of Finance for external debt up to January of this year, shows that the public company Petroecuador is the one that registers more credits. Until last month, it had accounts payable that exceeded 1.441 million dollars. That is, 57.27% of the total foreign debt.
Daily Expreso consulted these data with the state oil company last week. Until the close of this edition, however, there was no official response.
Petroecuador’s Transparency Report, with a cut to January, shows that at least $ 1 billion of that debt corresponds to an “external investment loan” of the US group Noble Americas Corp. signed in 2014. The loan has a term of five years (it expires in 2019) and, until this year, 742 million dollars have been disbursed. That is, the oil company still has to receive 257.9 million.
The two reports do not reveal more details of the debt nor the origin of the other 441 million dollars. The only thing they say is that they will be paid with Petroecuador’s budget.


Source: 
http://expreso.ec/economia/el-estado-se-endeuda-por-varios-frentes-MB1146680

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Polo Ralph Lauren and Michael Kors will open their stores in Guayaquil

Posted On 05 Jul 2022

Files were opened to 17 banana exporting companies for allegedly not respecting the official price and falsehoods in the shipping plans

Posted On 05 Jul 2022

Ecuador will be able to recover from the strike in the second half of 2022

Posted On 04 Jul 2022
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