ECONOMY

In 2020, the Internal Revenue Service (SRI) raised USD 12 382 million. Only in December of the previous year, it achieved USD 1 068 million, which is equivalent to an increase of USD 34 million […]

The resources obtained will be to complete the budget and comply with the economic plan. In order to obtain financing from two Chinese banks, the government negotiates two long-term oil sales, for a total of […]

Consumer loans registered a higher percentage of non-performing loans. The Association of Private Banks of Ecuador (Asobanca) announced that September became the month with the highest delinquency since the pandemic began. According to the entity, […]

Unemployment for women was higher than for men in this period The National Institute of Statistics and Censuses (INEC) released the new figures on the labor situation in the country, after the most critical months […]

Between January and August 2020, during the health emergency caused A total of 24 banks increased their assets by 6% and their equity by 11%. Although there are variations between entities, the four main banks […]

Ecuador will receive another disbursement. After the President of the Republic, Lenín Moreno, announced that the Board of the International Monetary Fund (IMF) approved a new loan for the country for USD 6.500 million, it […]

Ecuador estimates to obtain USD 6.5 billion. September 30 is an important date for the economy of our country because it would add a new debt. Augusto de la Torre, a member of the government’s […]

This study was conducted before the pandemic and Ecuador went from position 66 in 2018 to 74 in 2020, among 174 nations. The World Bank released its update of the study on the Human Capital […]

According to ECB estimates, there was a 9.52% decrease compared to the previous year. The Central Bank of Ecuador (BCE), in its latest report, detailed that the remittances that arrived in Ecuador, by migrants abroad, […]