INSUBCONTINENT EXCLUSIVE:
Urgent Economic Law for Job Generation, aims to boost employment
economic situation as extremely tough
(Photo Internet reproduction)The law focuses on security, job creation, and aid for the vulnerable.Additionally, the Presidential
It owes $2.872 billion to various sectors
The current economy struggles to create formal, suitable jobs, which leads to increased insecurity and violence.Existing labor laws are also
problematic as they promote informal work
Looking to 2024, Noboa sees further challenges.Further ChallengesThese include a decrease in the Foreign Exchange Tax and pressing issues
He acknowledged that there are no easy solutions.He called on all Ecuadorians, especially those more fortunate, to support these efforts.The
President also mentioned collaborations with international credit agencies
economic hurdles proactively.
