Ecuador: plans public sector investments of $47 billion through 2017

Posted on August 13, 2013 • Filed under: Business, China, Economy, Ecuador

dowjones.com reported that Ecuador’s government is planning public-sector investments worth about $47 billion from 2013 through 2017, the country’s Planning Secretary Pabel Munoz said Monday. Mr. Munoz said at a press conference the resources for the forecasted investment will come from taxes, oil revenues and external financing, but didn’t give further details.
Thirty-five percent of the planned investment will go to strategic sectors, including oil, electricity, transport and communications, among others. Read Article
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