The government has begun framing the discourse that Construye and Revolución Ciudadana groups are the new opposition, despite Correísmo’s support for several initiatives. The National Assembly has been in session for just six months, yet the landscape has shifted dramatically. What initially seemed favorable for the government, with a compliant Assembly, has turned into a […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

Ecuador will receive $4.0 billion from the IMF. This new credit program is the 23rd for Ecuador. The interest rate will be 7% per year. The Government of Daniel Noboa signed a new credit agreement with the International Monetary Fund (IMF) on May 31, 2024. The last credit program with the multilateral ended in December […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

So, what story interested you the most this week? The story about expats buying property in Manta during all the crime going on there? Or maybe the one telling us that the government is going to investigate the outrageous salaries at the electric company? Wait, it was the frog story, right? Come on, admit it. […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

On average, the monthly income of a CNEL employee who is part of the collective contract is $2,321, thanks to three types of bonuses. The National Electricity Corporation (CNEL) has 6,347 employees and spends around $8.1 million each month on salaries. This represents an annual expense of $97 million, excluding the thirteenth and fourteenth salaries. […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

President Daniel Noboa has announced that he will seek reelection. To do so, he will have to ask for unpaid leave or resign from his position, as these are the only options for public servants who become candidates. The government of Daniel Noboa is seeking a way to seek reelection without Vice President Verónica Abad […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

The National Assembly amended Article 138 of the Constitution so that with 70 votes, it can ratify the original texts vetoed by the Executive. On May 30th, the National Assembly modified Article 138 to change the voting requirements for presidential vetoes. Previously, 92 votes were needed, but now only 70 are required for the Legislature […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.