Ecuador’s economy is ‘drowning’ in subsidies, the experts say; Noboa enters office with high public support; Illegal drug seizures top $4 billion in 2023
Government subsidies for fuel, electricity, Social Security deficits and other services amount to a staggering 24% of Ecuador's national budget, or 6% of the Gross Domestic Product (GDP), according to the most recent Central Bank statistics. Economists say those...






















