According to the World Bank, Ecuador has the best budget results in the region, but the cut in investment will affect GDP growth.
World Bank lowers growth forecast for Ecuador as a result of the June strike
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Volume 7, Issue 1
October 9, 2022
Two species of river dolphins are critically endangered in Ecuador
Bufeo or Inia geoffrensis and Tucuxi are the two species of river dolphins severely threatened in the Ecuadorian Amazon.
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TGFE – Thank God for Ecuador
I think all expatriates have a small idea in the back of their minds that they will someday ‘return home.’ I know I held that belief for a long time. But for me it’s a little more complex because my wife is from Europe, not the US. So where would we go if we ever […]
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Secretary of Economy of Mexico resigns, without signing agreement with Ecuador
Update to: Mexico and Ecuador continue to negotiate a critical free trade Published: Volume 6, Issue 52 The Secretary of Economy of Mexico, Tatiana Clouthier, surprisingly resigned from her position, on October 6, 2022. Raquel Buenrostro, who was director of the Tax Administration Service (SAT), will replace her. Clouthier’s departure occurs just when negotiations are […]
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Majority of Ecuadorians say the country’s economy is in trouble
Ipsos surveyed over 700 Ecuadorians to learn how they perceive the country’s economic situation. Only 8% of those surveyed believe it is positive.
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Government warns National Assembly that if it blocks the National Development Plan it could be dissolved
This occurred after the resolution issued on an alleged breach of the National Development and Government Plan.
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Fuel subsidies will reach $4 billion in 2022
Six days after the dialogue tables between the Government and the indigenous movements are closed, there are no agreements for the targeting of fuel subsidies.
Government says they have reached 143 agreements with indigenous organizations
Update to: Conaie and the government disagree on results of dialogue, Fenocin threatens another national strike Published: Volume 6, Issue 48 On Wednesday, October 5th, the Government gave details on the progress of the dialogue tables with the indigenous organizations. The press conference was attended by the Minister of the Government, Francisco Jiménez; the Minister of Education, María Brown; and […]
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FAO says Ecuador has second worst rate of hunger in South America
About 15.4% of Ecuadorians suffer from hunger, which is equivalent to 2.7 million people, according to a report prepared by the FAO.
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Ecuador’s Victims and Witnesses Protection System has 25 prosecutors under protection
In total, 31 officials from the Prosecutor’s Office have applied to enter the Victims and Witnesses Protection System in 2022. Some prosecutors have been in the program for two years.
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As femicides increase, Lasso meets with women’s organizations to look for answers
President Guillermo Lasso met with women’s organizations to discuss “the other pandemic, which is violence against women in all its expressions and in all its areas.”
Inflation reached 4.12% in September 2022, according to the INEC
Update to: Ecuador registers relatively high food cost inflation Published: Volume 6, Issue 46 The Consumer Price Index (CPI) increased 4.12% in September 2022, compared to the same month in 2021. This is maintained by the National Institute of Statistics and Censuses (INEC). In monthly terms, the CPI rose 0.36% in September, compared to August […]
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