ECONOMY

In addition, 2020 is expected to be the year with the greatest decrease in the history of Ecuador. The Central Bank of Ecuador (BCE) published a study on the Macroeconomic Evaluation and Impact of COVID-19 […]

Only in the first semester of 2020, USD 826,349 was spent In September 2017, the President of the Republic, Lenín Moreno, issued Executive Decree 135, in which various guidelines were given to public entities in […]

In addition, this company was one of those that supported the demand to stop the debt restructuring in New York. The Dollarization Observatory published a part of the lawsuit filed by a minority group of […]

Finance Minister, Richard Martinez, announced that he will work with the International Monetary Fund (IMF) to launch a new agreement. He said it is an important phase to culminate the voting process for debt renegotiation, […]

With this, Ecuador would not complete the restructuring that was announced by the Minister of Finance and President Moreno earlier this month. On July 29, two groups of bondholders, Contrarian Capital and GMO LLC, filed […]

The Ecuadorian Social Security Institute (IESS) would need to carry out several financial operations that would complicate its economic situation. This is due to the lack of payment by the Government of 40% of pensions, […]

Companies need liquidity to be able to cancel their workers. Dozens of employees from at least 80 cleaning, custodial, catering, transportation, office supplies, computer equipment, minor construction and medical supplies companies protested at the Financial […]

Minister Andrés Isch pointed out that 8,000 of 20,000 complaints of untimely dismissal are already pending. Due to the economic crisis caused by the pandemic, work activity is affected by job layoffs, according to Labor […]

The Emergency Operations Committee (COE) authorized from August 1 the expansion of air frequencies to 50% of normal capacity. In a statement the company Quiport, which manages the Mariscal Sucre airport in Quito, recalled that […]