With Ecuador’s reserves frozen overseas, things are getting too close for comfort back home

With no currency of its own, Ecuador is sterilizing its resources by accumulating reserves while Government promotes austerity. The country must ensure that social policies are not negatively affected by the accumulation of funds, explains Katiuska King (Universidad Central del Ecuador) Guillermo Lasso began his presidential term in May 2021 and almost immediately initiated a rapid Covid-19 vaccination … Continue reading With Ecuador’s reserves frozen overseas, things are getting too close for comfort back home