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Ecuador Political News

The Government of Correa hid the debt in Petroecuador – Ecuador Times

It is hidden debt. The previous government used the public company Petroecuador to negotiate loans but did not register the securities. These commitments continue in force and there are pending disbursements. In process is, for example, the arrival of 150 million dollars, from China. Read more>>

Ecuador Approves Amendments Keeping Correa Out of 2017 Elections - Bloomberg

It is hidden debt. The previous government used the public company Petroecuador to negotiate loans but did not register the securities. These commitments continue in force and there are pending disbursements. In process is, for example, the arrival of 150 million dollars, from China. Read more>>

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