ECUADOR: Budget shortfall will cause fiscal difficulty

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In this article

  • Overestimated income
  • Tax
  • Oil
  • Non-budgeted costs
  • Financing gap
  • Limited market for domestic debt
  • Restricted external loans
  • Spending cuts
  • Oil Stabilisation and Debt Repurchase Fund (FEIREP)
  • Elimination of cooking gas subsidy
  • New tax bill

What is this?

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