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The Kemmerer Financial Mission (Comisión de Expertos Financieros) arrived in 1926, and its report was the basis for the monetary reform of March 4, 1927, which created El Banco Central del Ecuador and put the sucre on the gold exchange standard, [1] with devaluation (58.8%) to 300.933 mg Au (equivalent to US$0.20).
v. t. e. Snap general elections were held in Ecuador on 20 August 2023 to vote for President of Ecuador, members of the National Assembly and two referendums. Elections followed the invocation of muerte cruzada, which dissolved the National Assembly on 17 May 2023. [1] A run-off election was held on 15 October 2023 to elect the President after ...
t. e. General elections are scheduled to be held in Ecuador on 9 February 2025. [1] If necessary, a second round will be held on 13 April 2025. [1] Incumbent President Daniel Noboa is running for re-election, having been elected in the 2023 general election. [2] The election will also elect members of the National Assembly to a full four year term.
v. t. e. General elections were held in Ecuador on 7 February 2021, established by the National Electoral Council (CNE) as the date for the first round of the presidential election and a vote on mining in Cuenca. [1][2] Incumbent president Lenín Moreno, who had held the office since his victory over Guillermo Lasso in 2017, did not seek ...
The politics of Ecuador are multi-party. [1] The central government polity is a quadrennially elected presidential, unicameral representative democracy. The President of Ecuador is head of state and head of the army on a multi-party system, and leads a cabinet with further executive power. Legislative power is not limited to the National ...
Ecuador's economy is the eighth largest in Latin America and experienced an average growth of 4.6% per year between 2000 and 2006. [ 71 ] In January 2009, the Central Bank of Ecuador (BCE) put the 2010 growth forecast at 6.88%. [ 72 ] GDP doubled between 1999 and 2007, reaching 65,490 million dollars according to BCE. [ 73 ]
The Central Bank of Ecuador (Spanish: Banco Central del Ecuador; BCE) is the central bank of the country, and an institution of the Executive Function, which has institutional, administrative, financial, and technical autonomy. It is in charge of executing the monetary policy established by the Monetary Policy and Regulation Board of Ecuador ...
Danilo Carrera Drouet. v. t. e. A constitutional referendum was held in Ecuador on 5 February 2023, alongside local elections. The binding consultation was called on 29 November 2022 by President Guillermo Lasso. [ 1][ 2] Voters were asked to approve or reject a total of eight questions surrounding changes to the Constitution of Ecuador. [ 3]