The holiday left positive figures in Ecuador, despite the state of exception
Despite the state of emergency in three provinces of the country (Guayas, Esmeraldas, and Santo Domingo) due to increased crime,
November 14, 2022Topic
Ecuadorian Economy
Ecuador’s government proposes US$31.5 billion budget for 2023, sees lower fiscal deficit
Ecuador's government foresees a fiscal deficit of US$2.6 billion for 2023, lower than initially forecast for this year, and higher...
November 1, 2022
Fintech Law approved in Ecuador and awaits presidential approval
With 74 votes in favor, the National Assembly Plenary approved the draft Law for the Development, Regulation, and Control of...
October 31, 2022
Ecuador to seek new IMF agreement next year, says President
The Ecuadorian government will try to reach a new agreement with the International Monetary Fund (IMF) next year as it...
September 23, 2022
Ecuador: Unemployment improved falling 1.3 points in one year
Unemployment fell 1.3 percentage points in one year in Ecuador, going from 5.2% in July 2021 to 3.9% in July...
August 24, 2022
The USA identified six obstacles to investment in Ecuador
The U.S. State Department conducted an assessment of the investment climate in Ecuador, and while it highlights fiscal sustainability
August 8, 2022
Ecuador: Unemployment reached 4% in June, with a slight monthly increase
Unemployment in Ecuador stood at 4% in June, representing a slight increase of 0.3% compared to May (3.7%) but a...
July 22, 2022
Ecuador’s country risk doubled in 45 days
Ecuador's country risk indicator doubled in 45 days. It went from 796 on June 1 to 1,600 points at the...
July 18, 2022
Ecuador’s 10 largest companies
Corporación Favorita leads Ecuador's biggest companies with $2.2B in sales. See the full top 10 ranking across retail, mining, shrimp,...
July 8, 2022