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Petroamazonas accumulates invoices for $2,222 million – Ecuador Times

Date: Mar 7, 2018

The accounts continue to grow. The public company Petroamazonas inherited debts from the government of former president Rafael Correa. The lack of resources amounts to 1,558 million dollars. The millionaire ‘financial gap’ has repercussions on the suppliers of the oil company. Accounts payable exceed 2,222 million dollars. Since 2013, the Ministry of Finance has not delivered the full budget to Petroamazonas. That generated an accumulated debt that President Correa and his cabinet ignored. Read more>>