The irrigation of the country has already been above 2,000 points for fourteen days, and this Wednesday, December 13, it reached a maximum of 2,141 points, which is the highest recorded level in the last three years and after the crisis that Ecuador went through due to the coronavirus pandemic. .
Four months ago, the country crossed the 2,000-point mark amid snap elections due to the crucifixion imposed by President Guillermo Lasso, which shortened his term and dissolved the National Assembly. Now there are new legislators and a new president: Daniel Noboa Azín.
Country risk is set at 1,950 points, the worst since the arrival of Guillermo Lasso’s government
Country risk, which measures international markets’ perception of the possibility that a country will default on its obligations, was unchanged.
Values published by the Central Bank of Ecuador:
The country’s risk will be high for “several years”, after the cross deaths and election processes
This is the country risk for Ecuador in the last two weeks:
Analysts such as Jaime Carrera, executive secretary of the Fiscal Policy Observatory, indicated that the underlying problem as to why country risk continues to rise is the complex fiscal landscape the country faces and that this was already happening even before Noboa’s statements abroad that if he did not have more income for Ecuador, the country could collapse default 2026 and 2027 (I)
Source: Eluniverso
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