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Ecuadorean President Lenin Moreno is expected to announce a new economic plan which will include tax regulations and labor flexibilization, according to the country's Productive and Tax Council.

Moreno has until Wednesday to announce the economic reforms based on proposals he received from a group of businessmen in the country.

The main proposals include fewer taxes for companies and less restrictions on labor issues, such as work hours and social security for workers. Another proposal would eliminate taxes on large money transactions and taxes for imports which were created to protect local production in Ecuador. Meanwhile, Labor Ministry Raul Ledesma said about 15,000 job positions will be cut in the public sector.

The council discussed eliminating the law against land speculation but stated that will be presented in the upcoming plebiscite proposed by Moreno.

Vice President Jorge Glas used to preside over the body and claims that wealthy businesspeople sought to remove him from his position since he was an obstacle to promoting neoliberal measures that would affect the majority of people.



Moreno's Neoliberal Restoration Proceeds in Ecuador

"Moreno's remarkably cynical Neoliberal Restoration..."

Ken Burch

If he's gonna push for things like that, could he at least do the decent thing and change his first name to "Kissinger" or "Thatcher"?


Although little known yet in the West, he is already well liked by the 'progressive' right-left for his stepped up belligerence and persecution of Julian Assange.


"US media has a total blackout on Ecuador's popular uprising against neoliberal president Lenin Moreno. Follow for updates on the ground..."


"I made a thread about the traitor Lenin Moreno who sold out Julian Assange  for a $4.2b IMF loan, fleeing the capital of Ecuador as Indigenous protesters rose up..."


Ecuador’s president, Lenín Moreno, has said he has moved his government from the capital in Quito to the coastal city of Guayaquil amid violent protests over the end of fuel subsidies.

. . . .

Moreno, 66, who has moved away from the leftwing policies of his predecessor and one-time mentor Rafael Correa, has said he will neither tolerate disorder nor overturn the scrapping of fuel subsidies as part of a package of austerity measures.

Moreno accused political opponents of orchestrating an attempted coup and blamed associates of Correa of infiltrating the protests as part of a plot to topple his government, without providing evidence.

In a tweet, Correa said Moreno was “finished” and called for elections.

. . . .

Though he enjoys the support of business and the military, Moreno’s popularity has sunk to under 30%, compared with 70% in 2017.


Inside Ecuador's Citizens' Revolution (and vid)

"Benjamin Norton traveled to Ecuador to report on the historic February 7 election, which pits a rich US-backed right-wing banker against a leftist economist who wants to advance the socialist citizens' revolution started by Rafael Correa."


Thx NDPP that was a good video. It looks like the left will win, the only question is whether or not there will be a run off vote and whether or not the US will interfere  if they don't get the result they want in the first round.

"The victory, as we have said, is big. It's a ratio of 2-to-1 against the banker candidate who appears to be in second place," Arauz told a news conference on Sunday.

"We have to see the final results, but we are very happy."

An exit poll by local pollster Clima Social showed Arauz with 36.2 per cent of the vote compared with 21.7 per cent for Lasso and 16.7 per cent for Perez.

A second poll by Cedatos showed Arauz with 34.9 per cent of the vote compared with 21 per cent for Lasso and 18 per cent for Perez.

To win in a single round, Arauz needs more than 50 per cent of valid votes, or 40 per cent total with 10 percentage points more than the runner-up.

Arauz did not say if he had enough votes to avoid a run-off.

The elections council was expected to release an official quick count between 7 pm and 8 pm local time.



It seems to be official the Neo-liberals have gone down in flaming defeat in Ecuador. The only question is whether the leftist party wings or the leftist indigenous party wins. It seems either way this election has been a win for the people. Moreno took a popular left of center coalition and handed to US capital and the people at the next election rejected this approach and want to return to the bosom of the Bolivarian revolution taking place in South America. Like in Bolivia and Venezuela when given the vote the people vote for themselves not the oligarchy.

Results of the presidential election of Ecuador until 4:40 AM ET this Monday, according to data from the National Electoral Council (CNE):

  • With a total of 38.968 minutes scrutinized (97.46%)

This Telesur article explains the three contenders backgrounds and politics.  They were right that these three were the only ones to have a chance of making it to the run-off. Although Correa did many good things in office Yaku Pérez and his political allies held protests against his and the subsequent sell-out Moreno government.


"If you want to know why the US is intervening in the Ecuadorian elections, it's to stop this from happening..."