Ecuador Political News

Dow Jones – Ecuador To Spend $5B On Subsidies In 2012 – Finance Minister

Published

November 9, 2011

This article discusses the structure of Ecuador’s government budget and how subsidies, much of which would be for fuel, fit into the picture:

For 2012, the government has proposed to the National Assembly a $26.11 billion fiscal budget, a 9% increase over the $23.95 billion plan it submitted for 2011.

Next year’s proposed fiscal budget has a deficit of $4.23 billion, but Rivera said it already has secured financing.

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The Amazon Post ·
@AmazonPost

Disgraced Chevron Ecuador fraud attorney Steven Donziger’s biggest supporter is now being accused by the U.S. Government of anti-Semitism. Donziger’s list of allies gets more despicable by the day https://t.co/hXcu06rJbD

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The Amazon Post ·
@AmazonPost

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The Amazon Post ·
@AmazonPost

Falsified reporting of technical findings facilitated #Ecuador #fraud against Chevron, scientist for the #Ecuadorian plaintiffs testified: https://t.co/ynD1D00eXt https://t.co/4ETiia3BC0

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The Amazon Post ·
@AmazonPost

Members of indigenous communities in the Amazon in Ecuador would like to know: What happened to the more than $20M reportedly raised on their behalf by now-disbarred NY lawyer Steven Donziger? #FollowtheMoney
https://t.co/z9Zcht7zgh

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The Amazon Post ·
@AmazonPost

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