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ecuador

The Consumer Price Index (CPI) of Ecuador fell to 3.12 % year-on-year in January, which represents a drop of six tenths compared to the December figure, when it stood at 3.74 %. Such a low figure has not been given since last April, when inflation in Ecuador was below 3 % (2.9 %). Unlike other…
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Ecuador and China finalize trade agreement

Ecuador and China successfully concluded the dialogue to achieve a trade agreement between the two countries, after four rounds of negotiations and dozens of technical meetings in the last ten months. The president of Ecuador, Guillermo…

Ecuador will not forgive debts of up to $10,000

The Government of Ecuador rejected the forgiveness of debts of up to 10,000 US dollars after the Ministry of Government indicated that it is not feasible to forgive debts of more than 3,000 dollars. According to the State portfolio,…

World Bank grant important loan to Ecuador

The executive board of the World Bank granted a loan of 700 million dollars in favor of Ecuador, with the objective that the country allocate resources to support the fight against Covid-19, promote economic growth, job creation and climate…