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Daniel Noboa Sends to the National Assembly the Draft Law on Credit Strengthening, the Fifth Urgent Economic Initiative in This Period

Summary by El Universo
The President of the Republic, Daniel Noboa, sent a fifth urgent economic project to the National Assembly. This is the draft Law on Credit Strengthening, which was forwarded to the legislature on Thursday afternoon, August 28, 2025.

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The President of the Republic, Daniel Noboa, sent a fifth urgent economic project to the National Assembly. This is the draft Law on Credit Strengthening, which was forwarded to the legislature on Thursday afternoon, August 28, 2025.

Quito, 28 Aug (Prensa Latina) Ecuador's President, Daniel Noboa, today sent to the National Assembly (Parliament) a new urgent economic bill, this time for Credit Strengthening. The post Noboa sends Ecuador's Legislative Assembly another urgent bill first appeared on Noticias Prensa Latina.

President Daniel Noboa submitted to the National Assembly on August 28 a draft Credit Strengthening Law to reform the BIESS and protect pension funds.The entry President Daniel Noboa sends to the National Assembly a draft Credit Strengthening Law was first published in El Diario.

President Daniel Noboa referred to the National Assembly the draft Law on Credit Strengthening, which contemplates changes in the Bank of the Ecuadorian Institute of Social Security (BIESS). On Thursday, August 28, the president sent the proposal as his fifth urgent economic initiative, which should be treated by the legislature in a

The initiative proposes changes in the management of the BIESS and the pension system, in order to transparentize the management of the funds and expand the access to credit. The legislature will have 30 days to resolve.

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El Universo broke the news in on Thursday, August 28, 2025.
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