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President Lasso completely eliminated Ecuador’s fiscal deficit in 20 months in office

The Ecuadorian government stabilized public finances and returned to fiscal surplus for the first time since 2012.

With inflation stabilized and unemployment at historic lows, the economy is making way for growth.

The Central Bank of Ecuador announced that the national government's fiscal deficit was completely eliminated by the second quarter of last year. A financial surplus of 0.1% of GDP was recorded by the third quarter.

The Ecuadorian State . . .

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