Ecuador’s president to replace his economy minister after protests

During Simón Cueva's tenure at the Ministry of Economy and Finance, Ecuador's gross domestic product (GDP) registered a 4.2% increase in 2021 compared to 2020, allowing the country to advance its economic recovery but without reaching pre-Covid 19 pandemic levels.

RIO DE JANEIRO, BRAZIL - Ecuadorian President Guillermo Lasso will replace his Economy Minister Simón Cueva after eighteen days of protests by the indigenous and peasant movement against the government's economic policies.

The change of economy and finance minister was confirmed by a government source to Efe on Monday and is expected to be officially announced in the next few hours.

Cueva has been part of Lasso's cabinet since the beginning of his term, a little more than thirteen months ago. It is characterized by strict fiscal discipline and sound macroeconomic fundamentals, which include a tax reform to . . .

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