ECONOMY

Between 2016 and 2020 more than 2,000 workers were dismissed. After the decision to liquidate eight public companies, the Government will have to liquidate 3,600 employees until August and for this it requires 35 million […]

That amount is more than seven times what the State has as official reserves. The Dollarization Observatory warned that wealthy families and Ecuadorian private business groups have USD $ 27.6 billion invested abroad as of […]

The contraction in relation to GDP would be 2.4%. A report by the Central Bank of Ecuador (ECB) on the performance of the Ecuadorian economy during the first quarter of this year highlights that there […]

The Ecuadorian Chamber of Electronic Commerce predicts that this year’s sales will reach USD 2.2 billion. In the context of the health emergency, the demand for products through electronic commerce channels registered a growth never […]

This represents 60.53% of total GDP According to the latest report from the Ministry of Economy and Finance (MEF), the Ecuadorian public debt reached USD 58.418 million at the end of May 2020, this represents […]

This deficit worries the authorities because they would lack resources to attend to insurance such as old age. In three months of the coronavirus pandemic, 240 108 people stopped contributing to the Ecuadorian Social Security […]

Humanitarian Law reduces the time to access this benefit. The lack of liquidity to assume the payment of unemployment insurance worries Social Security, especially when the terms to request this benefit were shortened. The Humanitarian […]

In addition, the creation of a wealth tax that could raise USD 1 billion annually Manuel González, one of the new members of the Government’s Advisory Council on Economic Matters, published a study on the […]

The Labor Parliament, the Coordinator of Public Servants and the National Peasant Coordinator Eloy Alfaro filed a criminal complaint against the President of Ecuador, Lenin Moreno, and the Minister of economy, Richard Martinez. The complaint […]

This despite the fact that in 2018 there was a Productive Development Law that condoned fines and interests The Unit for Analysis and Conjuncture Studies of the Central University of Ecuador published a study, which […]