Ecuador’s Assembly rejected Sunday a package of tax and monetary reforms presented by President Lenín Moreno, in a new blow to his attempts of obtaining fresh resources and reduce the bulky fiscal deficit.
“With 70 affirmative votes, the National Assembly has decided to deny and file the economic growth bill,” the legislature said on its Twitter account.
“They shelved this looting law. Congratulations to la Revolucion Ciudadana’s bloc that led opposition to this nefarious law; to so many citizen initiatives; and to anonymous patriots, such as the Dollarization Observatory. As long as this nefarious government continues, we still have not won anything,” said former president Rafael Correa.
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