ECONOMY

INEC reported that inflation stood at 0.20%; while in February it was -0.15%. Quito and Guayaquil are the cities with the most expensive Basic Baskets.  Inflation for March 2020 was 0.20%; while the annual reached […]

Twelve people have been arrested for speculating on the prices of basic necessities. Since the health emergency was declared in Quito on March 12, 12 people have been detained (6 in the capital and 6 […]

The amount of gold held by this entity was reduced from 22.4 tons to 15.0 tons The Central Bank of Ecuador (ECB) issued a bulletin to announce that, on March 20, 2020, it activated a […]

The panorama envisions more debt to get out of the crisis. The fall in the price of oil, the almost zero exports and the need to get into debt reveal, according to investment bank JP […]

BIESS financial solutions for emergencies: BIESS launches unsecured and suspends auction on pledge. The Bank of the Ecuadorian Social Security Institute (BIESS) has designed measures to provide affiliates and retirees with a financial option with […]

On Monday, March 16, the country risk was 3,869 points  This Wednesday, March 18, 2020, the country risk closed at 3,717 points, amid a drastic drop in the price of oil and a health emergency […]

The national coordinator of Pachakutik (PK), Marlon Santi, considers that a large part of public servants are affected by what he considers to be a package from the National Government, chaired by Lenín Moreno. Among […]

He explained that, in the event that companies require these amounts, they must communicate for «their scheduled return» Through an inter-institutional resolution, between the Ministry of Finance and the Central Bank of Ecuador (ECB), the […]

The fall in the price of oil and the outbreak of the coronavirus are factors that affect the economy of the country. The Chamber of Industries and Production of Ecuador called on Ecuadorians to be […]