Video. Protesters Clash with Police in Quito over Fuel Subsidy Cuts
6 Articles
6 Articles
Two governments tried it before without success: eliminating the subsidy to diesel. It cost the state about $1.1 billion each year. So far. President Daniel Noboa has decided to eliminate it in a surprising way. Diesel has gone from $1.80 to $2.80 per gallon. He did so without calling dialogue tables, or warning the most dependent sectors of diesel. The decision was announced on Friday night in the middle of silence and has sparked discomfort am…
The government bench Acción Democrática Nacional (ADN) had to substantially modify the text of the resolution proposed by legislator Esteban Torres in order to obtain the support of three votes of Pachakutik, the excorreistas and independents regarding decrees Nos. 125 and 126, issued by President Daniel Noboa, regarding the elimination of the subsidy to diesel.
President Daniel Noboa pointed out in an interview with Radio Gaviota that although former President Rafael Correa described the elimination of the diesel subsidy as a “wrong” measure, he always supported its elimination, now part of his own political movement is opposed to what his economist leader proposes. He also clarified that what was publicly expressed by the correista bench does not reflect what the movement really feels, which, accordin…
Noboa eliminates subsidy to diesel in Ecuador: fuel will go up in priceThe plenary of the Assembly of Ecuador (Parliament) this Tuesday expressed its support for the elimination of the subsidy to diesel decreed by President Daniel Noboa, through a motion promoted by the ruling party, which has control of the chamber with the support of some parliamentarians of other political and independent forces.With 78 votes in favor of a total of 151 parlia…
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