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Moreno’s tax reform proposals go to the Assembly without an IVA hike

Moreno’s tax reform proposals go to the Assembly without an IVA hike

The government hopes to generate almost $600 million in new revenue from a series of new taxes and adjustments to current taxes. The package of proposals, which does not include an increase to Ecuador’s 12 percent IVA tax, was submitted to the National Assembly on...

Yaku defends himself against rebellion charge

Yaku defends himself against rebellion charge

Azuay Province Prefect Yaku Pérez lashed out at a national assemblyman who accused him of attempted rebellion during the indigenous strike two weeks ago. “His claim is entirely bogus,” says Pérez. “He takes my comments out of context and says I was inside the assembly...

Heavy snowfall recorded in the Cajas Mountains

Heavy snowfall recorded in the Cajas Mountains

The National Institute of Meteorology (Inamhi) reports that the overnight snowfall in the Cajas National Park was one of the heaviest on record. The snow measured 12 centimeters at some locations along the Cuenca – Naranjal highway and as much as 60 centimeters in the...

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Week of July 26

United States keeps 10% tariff on nearly half of Ecuador’s non-oil exports.

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El Niño threat sends new price signals through Ecuador’s export markets.

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Suspended movements force candidates to search for new paths to the ballot.

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