To approve the bill, at least 70 votes are needed and the deadline for the Legislative Assembly to pronounce it expires on November 27.
The approval of the urgent project of Economic Development and Fiscal Sustainability is still uncertain. The Government does not manage to unite the 70 votes it needs for its proposal to pass in the Legislature and the option of the archive takes more and more force.
The position of the economic front of the Government of not yielding more than $ 2,600 as the taxable base of the payment of income tax (IR) of natural persons does not help to consolidate the support of its legislative allies of the Democratic Left and Pachakutik , who argue that the tax should be aimed at those who earn a monthly salary greater than $ 3,500, and even the two blocks would accept that $ 3,000 be set as a base. They also have other observations that for them are red lines and that are not yet included in the report.
The Economic Development Commission, this November 25, began to analyze and approve the incorporation of the changes suggested by the legislators in the second debate before the vote in the plenary session scheduled for this Friday starting at 11:00. In that meeting there is no debate, it will simply be called for a vote after the presentation of the speaker.
The bidding for votes delays the approval of the urgent project on Economic Development and Fiscal Sustainability
The systematization of the assembly members’ interventions in Wednesday’s session and the consolidation of the observations presented delayed the approval of the final report; on three occasions the table meeting was suspended and in the evening they expected to approve the final document. In the event that there are no votes at the table, the speaker must collect the changes that he deems necessary and expose them to the plenary session for voting, as determined by the regulations.
The CREO delegate to the Economic Development Commission, Francisco Jiménez, warned the assembly members that the possibility of failure cannot be allowed and “to fail is to file,” for which he invited the table to make supreme efforts and take advantage of the time to design the best possible document with the information that was presented in plenary session. He warned that it is not easy, because visions persist in the face of the Executive’s proposal
Jiménez said that he is talking with some banks in front of a complex project because it has some edges, and it is not easy for people either.
He indicated that there are possibilities that the Government will give in, but that the project has to be meaningful and serve for economic reactivation, it has to serve to give stability to public finances.
The legislator César Rohón (before the PSC) warned that the Executive’s project is in a “legal limbo”, because there are no votes to approve, perhaps the most convenient thing will be to present a motion to archive.
He indicated that in the absence of votes, the possibility arises that the minority report will be voted, if it does not have them either, the option is for it to go through the Ministry of Law, but there is also the option of filing. This will allow the Executive to send a new urgent economic project, but simpler, simpler, easier to charge and implement, and that is fair for all Ecuadorians.
Not all Pachakutik assembly members are in favor of the Executive’s Bill, warned legislator Mireya Pazmiño, who said that apparently the government did not take all the precautions to call those involved in the matter.
He assured that he knows that some banks will not give way to the majority report, and there is no support for the minority report since it is also with taxes, and thus the project file is timely, otherwise it would come into effect by the Ministry of Law. the initial government proposal, which would be worse.
The Pachakutik bench, which is made up of 25 assembly members, is different from the other sectors that act in the Assembly where they all vote together, describes Pazmiño, because in Pachakutik there is freedom of criteria and thought, that is why there are different votes; as there are legislators who are in favor of the bill being approved with some changes, another group wants to vote for the minority report and a third group agrees with the file.
His co-chair Mario Ruiz Jácome confirmed that it will not lead to more taxes being generated for the middle class, paid by banks and oil companies.
At the moment, the government sector is made up of 25 seats made up of CREO assembly members and minority representatives, but it also has at least six independents; the Democratic Left has 15 votes and Pachakutik 25. With this group it would have 71 votes, but differences persist within Pachakutik.
In the other sector is the Union for Hope bench, which has 47 votes and 14 from the Social Christian Party (PSC). These two groups remain in the position of supporting the minority report that does not include the implementation of a tax burden, and around that report they began to look for possible support votes, which will be defined this November 26 when the plenary session enters vote on the second draft of the Executive Law on economic matters. (I)
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