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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

Yasuni’s initiative expensive promotion

Posted On 11 Feb 2013
Yasuni-itt

Yasuni-itt

According to the information collected by El Universo newspaper, the government promotion to get the compensation funds  to stop the exploitation of the Yasuni-ITT oil reserves, has cost the country around $ 4.2 million, including advertising, book printing and propaganda, technical studies, concerts and travel through several countries in the past two years.

So far they have raised approximately $ 330 million, with a goal of getting 3,600 million over the next 13 years, which would mean leaving 846 million barrels of oil underground.

The objective set by the government this year is to collect about 244 million dollars,  since the Ecuadorian president Rafael Correa has stated on several occasions that the country has a plan B and that, if they don’t get  a specific amount, the next step would be oil drilling.

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