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Ecuador Political News

Unions repudiate Lenín Moreno’s economic measures in Ecuador-Explica

Lenin Moreno

Unions and social organizations took to the streets and squares in several areas of Ecuador yesterday, in rejection of the economic measures imposed by President Lenín Moreno in the face of a strong liquidity crisis in the midst of the coronavirus pandemic.

The collapse of world oil prices and the effects of the pandemic have reduced tax revenues by $ 8 billion, pressuring the government to cut spending, which includes reducing the working day and the salary of public officials, as well like the closing of some state offices.

The measures led unions of workers and social organizations to walk, with posters and anti-government slogans, through the streets of the center of Quito, where there is a hard confinement due to the growing number of infections and deaths from the coronavirus. Similar protests were reported in Guayaquil and Portoviejo.

To read the full article on Explica, click here.


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