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Ecuador Political News

Guillermo Lasso: Ecuador’s new leader faces uphill struggle

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Guillermo Lasso Closes His Presidential Campaign in Guayaquil
GUAYAQUIL, ECUADOR - APRIL 08: Presidential candidate Guillermo Lasso waves at supporters during the closing event of his presidential campaign at Yatch Club Naval on April 8, 2021 in Guayaquil, Ecuador. (Photo by Gerardo Menoscal/Agencia Press South/Getty Images)

The 65-year-old conservative former banker defeated left-wing rival Andrés Arauz in a closely fought run-off election on 11 April.

He is taking up office amid one of the worst economic crises ever to confront the Andean nation, which is still grappling with the Covid-19 pandemic.

Mr Lasso has pledged to attract more investment to the oil sector and to kickstart the stagnated economy.

To read the full story on BBC, click here.

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