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Ecuadorian President Succumbs to IMF Pressure, Faces Opposition from Social Organizations

  • Social organizations in Ecuador reject President Daniel Noboa’s policies
  • Noboa seeks to increase the value-added tax (VAT) and postpone the closing deadline of the “Ishpingo, Tambococha, and Tiputini” Block (43-ITT)
  • The Noboa administration is accused of contradicting itself by proposing a VAT increase and oil exploitation in the Yasuni park.


Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.


VAT news
VAT news