-2022 Investment Climate Statements: Ecuador- HomeReportsBureau of Economic and Business Affairs2022 Investment Climate StatementsEcuador - Executive Summary- "....The Ecuadorian government is taking positive steps to improving fiscal stability. In September 2020, the International Monetary Fund approved a $6.5 billion, 27-month Extended Fund Facility for Ecuador and has already disbursed $4.8 billion to aid in economic stabilization and reform.
The IMF program is in line with the government’s efforts to correct fiscal imbalances and to improve transparency and efficiency in public finance. The Ecuadorian Central Bank reported solid GDP growth of 4.2 percent in 2021 and projects 2.8 percent GDP growth in 2022. The Ecuadorian government remains committed to the sustainability of public finances and to continue a fiscal consolidation path.
The fiscal deficit narrowed to 3.5 percent of GDP in 2021 (from over 7 percent of GDP in 2020) and is expected to narrow further to a little over 2 percent of GDP in 2022 due to improved tax collection, prudent public spending, and high oil prices.
Still, the Lasso administration faces major challenges to its investment agenda given the country’s long-term reputation as a high-risk country for investment. A challenging relationship with the National Assembly complicates the passage of needed economic reform legislation.
While the administration’s November 2021 tax reform passed into law, the National Assembly soundly defeated President Lasso’s proposed investment promotion bill March 24. Serious budget deficits and the COVID-induced economic recession force the government to employ cost cutting measures and limit public investment..." -
https://www.state.gov/reports/2022-investment-climate-statements/ecuador/
🤠iffin you gonna move down or remain in Ecuador on into 2025, get prepared for whats a coming down the pike🥷🏼its not and has not been just a Coastal & #GYE thang, its also a Sierra & Metro #Quito Thanggy as well👮🏻♂️💰
My 2025 NewYears Resolution is more time out on the La G range, zz style, 🎸🥁🎸 cuzz (imho) we gonna dang sure be a needin it🥷🏼if anybody wants to no longer be an outlaw? Call me to join our Qtowne Quito gun club and get legal to tote with a 55hr CCW Course,
now a days The CCW is pretty much streamlined down to this:
plan on about $300 for to join the gun club,about $200 or up to $300 for the CCW course,about $300 for psyche, psycho and toxico exams,
a 9mm Taurus for say $1200.
a 9mm CZ for say $1500.
aprox $80 to $100 for a box of 50rds 9mm FMJ
i see peeps now a days getting legally armed in about a 3-4 months time frame, kinda like a tuff assed visa process!
'Always be prepared' - BSA & SA,
"When guns are outlawed, only outlaws will have guns" - Louis L'Amour (1908-1988) Western novelist of ...
WED 22APR26 10am🎯'You are invited to Open House / Puerto Abierto at KAT-BAS Club de Tiro / Shooting Club in Quito.🔫The Kat-Bas Complex is on 10hct property at 10k ft elv. on West side of Quito just a few KMs b4 teleferico🚡cable car ride, exit off of Av Occidental near Bosque Mall,🏫bring water and hiking boots, 'Club de Tiro Kat-Bas'- It will be a fun Evento for the whole Family!
Iñaquito Alto (Mañosca). Av. Occidental y Juan Diaz. (Antiguo camino de las Antenas). Referencia Universidad de los Hemisferios , Quito, Ecuador, 170527 - https://maps.app.goo.gl/HoxdxbKAFJoTrc1r9
web.: https://www.clubdetirokatbas.com/ fb pg: https://www.facebook.com/profile.php?id=100052597704154
ig: https://www.instagram.com/club.tirokatbas?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw==
If you wud like to come the day before the Open House Evento? We meet for lunch at 13:30 the day before and to meet other club members prior to the event, we meet each week on Tuesday in Cumbaya at El ...
15APR26🚨 #Latacunga:
"Armed attack on the president of the Cotopaxi Taxi Union."
Shot several times and in the head, ambulanced to #Quito
🚨 Here's a summary of the events:
(shooter must have used a traumatico rubber bullet gun to send a message to pay up, not to kill)
🃏This aint an April fools day JOKE🀄️Let the 👹Paros / Strikes👺 Return with a Vengeance⚔️🛡💣🔥01APRIL 2026 - 📈 Prices of basic necessities are rising.📊 "The #SRI (Internal Revenue Service) is applying a 15% VAT to everyday food items such as processed milk, yogurt, bread, noodles, and more.
In practice, going to the market will cost more, and money will go less. This comes on top of rising fuel and transportation costs. The cost of living is increasing, and the burden of the crisis is once again falling on the people."
https://www.instagram.com/p/DWmGrLwFXEB/?igsh=ZzJkN25mNGJjMGhv
https://www.facebook.com/share/p/1bHLJQEcWB/