Browsing Tag

Private sector

Ecuador authorizes the import of fuel

The President of Ecuador, Lenín Moreno, signed a decree authorizing the private sector to freely import industrial gas, gasoline, natural gas, diesel, jet fuel, avgas or other derivatives; with the purpose that companies progressively…

Venezuela is in its sixth year of recession

The contraction of the Venezuelan economy in 2019 will be 33.8%. Since 2014, domestic production of goods and services has registered an accumulated drop of 70%, which cannot be compensated by private imports or remittances. And the two…