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National Assembly sends Moreno Organic Code of Health containing abortion language for sanction or veto

Almost two weeks ago, on August 28th, the President of the National Assembly, César Litardo, sent Ecuadorian President Lenín Moreno, the proposed Organic Health Code (COS), setting in motion the timeframe—as defined in the Constitution—for the President to either approve the COS, veto it in totality, or veto individual sections of it. The bill—which was […]

More than half of Ecuador’s 630 amphibian species face extinction threat

New data suggests that 57% of the amphibian species in the country have some degree of extinction threat. The alarming information was released August 28th when national authorities, academics and environmental organizations presented the update of the Red List of Amphibians of Ecuador. Herpetologists from the Ministry of the Environment and Water (MAAE), the National Institute […]

IESS has funds to pay unemployment, but needs government to honor its contribution for other benefits

Between April and August of this year, the Ecuadorian Social Security Institute (IESS) disbursed $22,507,769 for unemployment insurance that benefited 34,154 Ecuadorians who lost their jobs during the health emergency. Carlos Luis Tamayo, General Director of the IESS, told the Workers’ Rights Commission of the National Assembly last week that the IESS has budgeted $90 million for the […]

Ecuador’s debt ratings improve, but will it be enough to get out of financial trouble?

Published on September 08, 2020

Facebook Twitter Google+ LinkedIn In last week’s issue of The Cuenca Dispatch, we covered the new loan that Ecuador secured from the International Monetary Fund (IMF) for $6.5 billion (See: IMF and Ecuador reach agreement on $6.5 billion low-interest loan)  and a few weeks back we also covered Ecuador’s renegotiation of its foreign bonds (See: […]

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