Ecuador

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josh
Ecuador

Ecuadorean President Lenin Moreno is expected to announce a new economic plan which will include tax regulations and labor flexibilization, according to the country's Productive and Tax Council.

Moreno has until Wednesday to announce the economic reforms based on proposals he received from a group of businessmen in the country.

The main proposals include fewer taxes for companies and less restrictions on labor issues, such as work hours and social security for workers. Another proposal would eliminate taxes on large money transactions and taxes for imports which were created to protect local production in Ecuador. Meanwhile, Labor Ministry Raul Ledesma said about 15,000 job positions will be cut in the public sector.

The council discussed eliminating the law against land speculation but stated that will be presented in the upcoming plebiscite proposed by Moreno.

Vice President Jorge Glas used to preside over the body and claims that wealthy businesspeople sought to remove him from his position since he was an obstacle to promoting neoliberal measures that would affect the majority of people.

https://www.telesurtv.net/english/news/Ecuadors-Moreno-to-Announce-Econo...

 

NDPP

Moreno's Neoliberal Restoration Proceeds in Ecuador

https://www.counterpunch.org/2018/11/13/morenos-neoliberal-restoration-p...

"Moreno's remarkably cynical Neoliberal Restoration..."

Ken Burch Ken Burch's picture

If he's gonna push for things like that, could he at least do the decent thing and change his first name to "Kissinger" or "Thatcher"?

NDPP

Although little known yet in the West, he is already well liked by the 'progressive' right-left for his stepped up belligerence and persecution of Julian Assange.

NDPP

"US media has a total blackout on Ecuador's popular uprising against neoliberal president Lenin Moreno. Follow for updates on the ground..."

https://twitter.com/dancohen3000/status/1181558330847895553

 

"I made a thread about the traitor Lenin Moreno who sold out Julian Assange  for a $4.2b IMF loan, fleeing the capital of Ecuador as Indigenous protesters rose up..."

https://twitter.com/jaraparilla/status/1181471539994120192

josh

Ecuador’s president, Lenín Moreno, has said he has moved his government from the capital in Quito to the coastal city of Guayaquil amid violent protests over the end of fuel subsidies.

. . . .

Moreno, 66, who has moved away from the leftwing policies of his predecessor and one-time mentor Rafael Correa, has said he will neither tolerate disorder nor overturn the scrapping of fuel subsidies as part of a package of austerity measures.

Moreno accused political opponents of orchestrating an attempted coup and blamed associates of Correa of infiltrating the protests as part of a plot to topple his government, without providing evidence.

In a tweet, Correa said Moreno was “finished” and called for elections.

. . . .

Though he enjoys the support of business and the military, Moreno’s popularity has sunk to under 30%, compared with 70% in 2017.

https://www.theguardian.com/world/2019/oct/08/ecuador-moves-government-out-of-capital-as-violent-protests-rage