US EditionPublished • loading... • Updated
Government Plans to Allocate Nearly $1 Billion Less to Iess than the Entity Requested by 2026
Summary by El Universo
3 Articles
3 Articles
The contributions of the members and the allocation of the General State Budget (PGE) are still not sufficient to cover the expenses of the Ecuadorian Social Security Institute (IESS) for the benefits it provides.
Not even the millionaire state contribution will reach in 2026. IESS projects a deficit and will be forced to divest USD 1,407 million of its reserves to pay pensions and health care The Ecuadorian Institute of Social Security (IESS) will face in 2026 a significant financial discalcation, which will force it to resort to its
The biggest financial burden lies with the Pension Fund, which concentrates most of the budget and faces a shortage of several billion dollars
·Bogotá, Colombia
Read Full ArticleCoverage Details
Total News Sources3
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
Factuality
To view factuality data please Upgrade to Premium
