Lasso asks Ecuador’s Parliament to urgently process economic reforms

The President indicated that only 3 out of 10 Ecuadorians belonging to the Economically Active Population (EAP) have a formal job and that, in this context, the economy suffers from serious distortions such as a bulky fiscal deficit of more than 7,000 million dollars.

RIO DE JANEIRO, BRAZIL - Ecuadorian President Guillermo Lasso, went to the National Assembly (Parliament) this Friday to personally present the "Law for the Creation of Opportunities", a legal project for urgent processing that contains reforms in the tax, labor, and investment areas.

In a special ceremony held in the hall of the legislative plenary, the President asked the congressmen to put aside ideological positions and eventual personal quarrels to move forward with the passage of the bill.

With the urgency character in economic matters, the Assembly will have one month to process the project since a delay in this term . . .

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