US EditionGovernment of Ecuador Announced Payment of Tax for Miners and Withdrew Subsidy to Tuna Sector
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Quito, 03 Jun (La Calle).- The Ecuadorian Business Committee and the fishing unions declared "inviable" government measures that eliminate subsidies for diesel for the tuna fleet and industrial electricity, warning a catastrophic impact on international competitiveness, jobs and macroeconomic stability. The National Chamber of Fisheries (CNP) noted that the end of the diesel subsidy, which represents between 30% and 36% of its operating costs, w…
The Ecuadorian tuna sector only claims that the compensation allowed to compete with other fleets operating in the Pacific. The post Atunec, an organization of the tuna sector, describes the elimination of the subsidy to diesel as ‘hard blow’ applied first on El Diario.
The government also foresees the opening of new mining concessions gradually until the end of the year
The government of Daniel Noboa presented on Monday, June 2, a new series of economic measures focused on strategic sectors such as energy, mining and industrial fishing. Official spokesperson Carolina Jaramillo Garcés was in charge of communicating the announcements from the blue room of the Government Palace in Quito, in her first appearance fulfilling this role. SEE MORE: The mutation of drug trafficking in Latin America: its tentacles extend …
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