Ecuador’s Minister of Finance, Richard Martínez, said that with the economic measures that the Government has proposed, a positive impact of some $2.252 billion could be obtained. The greater amount has to do with the reduction of expenses in goods and services and capital goods that account for about $1.38 billion. At a press conference, the Minister gave details about the measures and the external credits that can be acquired to solve the pothole generated by the drop in the price of crude oil and the problems of the coronavirus. The Government expects to collect about $226 million from public servants,…
Want to read the whole story?
Subscribe to The Cuenca Dispatch and gain full access to this story, weekly issues, plus the entire running archive! With your subscription, you will gain access to all the news you'll need concerning Ecuador as a United States expat.
Get access to our most read articles
- Cuenca expat scene is ‘changing before our eyes’
- Ecuador achieves four agreements after meeting at the White House
- Immerse yourself in Cuenca’s bountiful markets
- Los Perniles
- CRIME REPORT
- Cuenca identifies 7 most dangerous places to be a pedestrian in the city
- Ecuadorian named to Time magazine’s 100 most influential people list
- Tame temporarily suspends flights to Fort Lauderdale
- Global warming? Most of the hot air is generated by politicians
- The American dream: The experience of an Ecuadorian woman who fell in love with your country.