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The short-term deal may allow the government to maintain existing targets and delay any devaluation or unification of exchange rates and lifting capital controls until after the…
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DOI: 10.1108/OXAN-DB290462
ISSN: 2633-304X
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His rival, Luisa Gonzalez of the leftist Citizen Revolution (RC), has recognised the result. Noboa, who belongs to one of Ecuador’s wealthiest families, will take office next…
National legislative elections were also dominated by RC, which took nearly 40% of the vote. Two referendums on limiting extractive activities were held alongside the elections;…
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DOI: 10.1108/OXAN-DB281411
ISSN: 2633-304X
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The first relates to whether oil production should continue at three fields in and around the Yasuni National Park in the Amazonian region, and the second to whether mining…
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DOI: 10.1108/OXAN-DB280578
ISSN: 2633-304X
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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…