We have all seen the terrifying photos of plastic bottles that completely cover the water surface of rivers in various parts of the planet. Likewise, gray clouds of toxic gases, which float over entire cities, where the quality of the air endangers human lives, or oil slicks floating in the sea. These and many other images of pollution make us fear for the very future of the planet.

In our troubled country, we have much worse pollution, with more immediate effects. These are bonds and state debt to entities and citizens.

The government abolishes subsidies for industrial sector electricity for large consumers

In addition to the deep, structural fiscal crisis, which originates from unsustainable subsidies, fat in the public apparatus, in corrupt and inefficient systems supported by the mafia, all the aberrations of the decade, the fiscal gap has caused government papers to be placed in institutions where they should not be there and created are payment delays that should not be allowed.

Thus, for example, a public bank, which should provide funds for development, for investments, to have more employment opportunities through this investment, has 840 million dollars of government bonds in its assets.

The trade agreement with China and the civil project at the IESS are among the “urgent” matters that the newly established National Assembly must consider

The Central Bank, which should be absolutely and completely excluded from the Government and be the most independent institution in relation to it (in economic matters), still has more than 5.8 billion dollars of government bonds and national debt on its balance sheet.

Cosede (Deposit Insurance Corporation, Liquidity Fund and Private Insurance Fund), created so that in the event of the liquidation of a financial institution, depositors could be paid the value of their deposits and thus generate confidence in the system, has in its possession an incredible 1.46 billion dollars of government bond. If an institution disappears, it will give depositors government bonds, not its own money.

The judge rejected the request for protection filed due to the debt owed by the state to IESS

Social security has more than 12 billion dollars of government bonds, and this institution, through the fund for old age and death, will no longer have funds for paying pensions in less than two years.

In short, bonds and other government obligations have contaminated Ecuadorian society, which is the other side of the coin, with an absolutely unreal situation in which subsidies, a pension system and other distortions are maintained that cannot be maintained any longer.

A legislative agreement between the Correístas, the Social Christians, the government and the minority sectors is already underway

I hope that the healthy circumstance that almost all representatives reached an agreement on the distribution of positions in the National Assembly will serve to reflect for the first time the national will to establish a sincere dialogue between all sectors to solve the problem. very serious The problems that this country has, which cannot be solved, as I have repeated so many times, by the action of any government, but by a national agreement on a minimum agenda that gives us hope that the country still has the possibility of survival in the future. (OR)