Moreno presents business-friendly economic plan in state of the nation address

President Lenin Moreno told Ecuadorians Thursday that the country needs to open its doors to investors to revitalize the economy. In the first “state of the nation” report of his presidency, he outlined a series of tax incentives and policy changes he hopes will attract international and domestic investment. The president also outlined the changes he has brought to the government since taking office a year ago, saying, “No one can say this has been a boring year.” Defending his decision to reintroduce term-limits for elected offices, Moreno said, “Politicians and diapers need to be changed frequently — and for…

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.

Subscribe now for only