In the face of death on the cross, the business sector asks political and social groups to maintain constitutional order and the normal functioning of economic activity

Exporters and businessmen are calling for the preservation of constitutional order and the normal functioning of economic activities, after President Guillermo Lasso signed Executive Decree 741 this Wednesday, May 17, by which he dissolved the National Assembly and had to call early elections.

The Ecuadorian Business Committee recognizes this power of the President framed in Article 148 of the Constitution and called on state institutions to respect the democratic order and political forces to maintain peace and stability in order to progress in solving the problems affecting the citizenry. “The productive sector will continue to work to create jobs,” said the public announcement.

While the Corporation of Exporters Guilds of Ecuador (Cordex) indicates that the executive’s decision “is part of a constitutional alternative, so it should not cause difficulties and, on the contrary, seeks to clear the environment without a minimum consensus in order to progress as a society “.

Tax reform is Guillermo Lasso’s first legal decree after the application of the ‘death by the cross’

He also points out that he should now focus on working on the insecurities the country is facing, for which he believes the president “should activate all the tools at his disposal”.

The Chamber of Commerce of Quito (CCQ) also spoke in the same vein. The entity, chaired by Mónica Heller, called on political organizations and social movements to act with “absolute responsibility and to respect constitutional mechanisms and processes.”

This union also called on public forces to provide “security guarantees for the maintenance of established order, the normal functioning of economic activities and the mobilization of citizens.”

Mónica Heller: It is important to recompose the tax reform well, we cannot recompose the damage that was done to individuals to now damage companies

“We believe that it is important that the Government acts with the necessary prudence in this process, using the extraordinary powers granted by the Constitution, and that decisions and legislative proposals are within the framework of dialogue and consensus in order to guarantee stability. the country,” the Chamber’s press release states.

Lasso announced that the first legislative decree that will be signed after the implementation of the death on the cross is a tax reform to reduce taxes.

“I signed the first emergency decree on the economic reduction of taxes, strengthening the economy of 460,000 Ecuadorian families and this will mean that close to 200 million dollars will return to their homes,” the president said in his message to the nation announcing the dissolution of the National Assembly and the calling of early elections.