Connect with us

Hi, what are you looking for?

Ecuador Political News

Dow Jones – Ecuador Foreign Debt $14.07 Bln In April, Equal To 23% GDP

News about an increase in Ecuador’s government debt. This article discusses how Ecuador has had difficulty accessing foreign capital since President Rafael Correa defaulted on billions of dollars in foreign loans in 2009:

Ecuador’s total foreign debt in April was $14.07 billion, up 3% from $13.67 billion in the same month of 2010, the central bank said.

The amount is equivalent to 23% of Ecuador’s $62 billion gross domestic product forecast for 2011.

Read More »

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Archives

TRENDING

You May Also Like

Chevron Ecuador Blog Posts

1. Steven Donziger Is an Adjudicated Racketeer. The U.S. District...

News & Updates

Disbarred lawyer Steven Donziger likes to present himself to the...

News & Updates

A dishonest campaign is underway to rehabilitate disbarred lawyer Steven...

News & Updates

Steven Donziger is the best example of how a handful...