When my family and I visited the Galapagos Islands in 2014, we were impressed by their natural beauty and saw why they were designated a World Heritage Site. I recently started reading the book The Code of Life, by Walter Isaacson, which tells that Darwin traveled to the islands in 1831 on the sailing ship HMS Beagle to complete his theory of evolution. His study also led to the discovery of the human genome, or DNA, which contains the genetic material.
Then and now, I thought about how generous nature was to Ecuador, which has these islands, the coast, Sierra and Oriente, full of natural resources and abundant water and I don’t understand why we can’t use them better for our well-being.
Faced with a crucial presidential election, I will dream of a hypothetical country that we would have as long as Ecuadorians, and especially the political class, modify our DNA, so that in the period 2025-2030.
Ecuador is the best country to live in Latin America. Number 1 in ease of doing business. Number 10 in the competitiveness index. Number 1 in regional economic growth. GDP grows 5% per year. Inflation of 1.5% per year. Active commercial interest rate of 4.5% per annum and mortgage interest of 6.0% per annum. Country risk of 150 bp. 100% is bankable. Credit of the financial system covers 100% of GDP, and liabilities cover 105%.
To be wrong is not political
Petroecuador is restructured and ready to become a joint-stock company, with national or foreign private capital, just like Ecopetrol. Oil production increased by 30% from 481,000 b/d to 625,300 b/d. It has increased natural gas production from 25 to 100 million cubic feet per day (mpcd), reaching 500 mpcd in 2030, which will allow it to export. In addition to natural gas for electricity generation, the diesel subsidy will be reduced and a urea plant for agriculture will be built. With the increase in oil and natural gas production, a stabilization fund was created to protect dollarization.
GDP per capita doubled between 2025 and 2030. Mining exports reach 10% of GDP in 2030. Foreign direct investment averages 20% of GDP. Total exports are 45% of GDP. The trade balance is positive -10% of GDP-.
(…) we must get rid of corruption and leave behind the Montecristi constitution, changing the national DNA of Ecuador.
Social security, as in Sweden, is mixed (private and public), people’s health is a priority, and pensions are properly financed.
The homicide rate is 1 per 100,000 inhabitants. The judicial system is efficient and without corruption.
Food safety is a priority. Malnutrition of children does not exist. Urban poverty is 5%, and extreme poverty is 1%. No femicide.
We have 100% availability of broadband and 5G technology for homes and businesses throughout the territory.
My father and my brother, RIP, said that dreaming costs nothing. A country where we live safely and in peace, which offers decent work, housing, health and education, is possible; but we must get rid of corruption and leave behind the Montecristi constitution, changing the state DNA of Ecuador. (OR)
Mario Twitchell is an accomplished author and journalist, known for his insightful and thought-provoking writing on a wide range of topics including general and opinion. He currently works as a writer at 247 news agency, where he has established himself as a respected voice in the industry.