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Economic situation of Ecuador to the second quarter of 2018

Anonim

What policies are currently being applied by the government of Ecuador? It is the uncertainty that the public servants of the highest positions in the public structural organization make among themselves. There is no clear direction to new paths, only a conglomerate situation of accusations and accusations that keeps the system oppressed, which directly affects the country's institutions, legal security, economic growth, and the social environment.

The equator at the second quarter of 2018 still does not show a growth takeoff, rather it gives the impression that there is a decrease; in 2017 the growth rate was 3%, and the non-oil sector being the largest contributor (aquaculture, shrimp, electricity and water supply) Oil is priced at $ 70, more than the amount budgeted for 2018, Growth indicators remain practically frozen or it may be that they are hiding figures and points to an economic slowdown.

In the social part, with data from the National Institute of Statistics and Censuses (INEC), national poverty as of June 2018 stood at 24.5% while extreme poverty increased to 9% and rural poverty reached 43%. In other words, close to half a million new people are in poverty, the unemployment rate continues to rise, thus increasing informal employment on the streets; If previously there were 3 merchants in a corner, today there are 7, people who are looking for a way to self-employ.

The employment of the professional sector is maintained without any variation and with little adherence to the labor market by the new professionals who are integrated year by year, that is to say, the majority of professional people who are employed maintain their work, even with a lower salary according to their experiences and intellectual abilities. In terms of employment, the 250,000 jobs per year are still awaited.

The public debt another point to point out, in what was it used? the two new state obligations supposedly to cover the budget deficit, contradictory theories, a state budget has a basis of responsibility to respond to adjustments in institutional demands, although the rise in the price of oil was not expected, it must have a positive impact in the national treasury. Another contradiction seeks to increase taxes, remove subsidies for the purpose of collection; but, at the same time, they forgive millionaire debts to groups of entrepreneurs for more than 1,300 million dollars. Where are we going with these measures?

Algunos especialista económicos todos las mañana en diferentes medios de comunicación hablan de desaceleración, estancamientos y hasta de estandeflación, con ningún aporte sustancial más bien buscan lucir sus nuevos trajes, pero ninguno trata de realizar su trabajo o dar soluciones, alternativas que contribuyan a salir de la actual situación.

Economic situation of Ecuador to the second quarter of 2018