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Raise the VAT

Last week, I laid it out for you—I’m a card-carrying liberal, hailing from Kennedy country. My political awakening happened when I was six, when Nixon ran for his first term. Before that I didn’t even realize there were different parties. Now, let’s delve into the debate over President Noboa’s proposal to bump up the VAT […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

$273 Million Payment on External Debt Bonds Eases Market Concerns

Ecuador successfully averted a default by disbursing $273 million to cover three interest coupons on foreign debt bonds, a crucial move by the Noboa Government to maintain financial stability. This payment, confirmed by the Ministry of Finance on February 1, 2024, was essential as the coupons were due by January 31, 2024. These coupons pertain […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

Update: January Rescue Operation in Puebla, Mexico Saves 319 Ecuadorian Migrants

Update to: Rising Remittances Shed Light on Kidnapping Crisis Faced by Ecuadorian Migrants Published: Volume 8, Issue 16 In January 2024, Mexican immigration authorities conducted multiple operations in Puebla, rescuing a total of 2,501 migrants, with 319 of them being Ecuadorians. The National Migration Institute of Mexico (INM) disclosed on February 2nd that these rescued […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

Update: Euthanasia Decriminalization Plea Advances to Crucial Phase in Constitutional Court

Update to: Legal battle surrounding euthanasia case takes step forward as Court sets a date for hearing Published: Volume 8, issue 6 The pivotal phase of the plea to decriminalize euthanasia in Ecuador, brought forth by Paola Roldán, a victim of amyotrophic lateral sclerosis, has reached a crucial juncture in the Constitutional Court. On February […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

Update: The number of detainees for crimes ‘related to’ terrorism increases by 25%

Update to: Fénix Plan Leads to 237 Arrests for Terrorism and Over 4,000 Arrest for Other Crimes Published: Volume 8, Issue 17 The number of people detained for terrorism-related crimes has gone up. The National Police and Armed Forces shared their report on the outcomes since the start of the Internal Armed Conflict. As of […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

Government Faces Financial Crisis with $419 Million in Late Payments, Struggles to Fund Salaries

Published on February 05, 2024

The Lasso Government accumulated unpaid balances of $3.584 billion, marking a twofold increase compared to the arrears in the 2022 State Budget.

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