Moreno aims at recovering his public image

ECUADOR - Report 24 May 2018 by Magdalena Barreiro

An encouraging and positive President Moreno gave his first report to the Nation as is customary after the first year in office. The change in style from his predecessor was evident and consistent in every section of his speech and brought hope on the economic perspectives.

However, this is a political report where Presidents present the best of the government’s performance to the people. In this context, it is better to focus on the tone, the underlying message, and the priorities mentioned more than on specifics or figures that must be analyzed carefully and individually to make an objective assessment of real results and estimates.

But, there are several points worth noting. In the first place, he made personal delivery of the economic law “to incentive production, attract investments, and achieve fiscal balance and stability”. We believe that choosing the day when we celebrate our independence, and his presence in the Assembly is significant, and indicates the interest and importance placed on such bill. He provided a short summary of the highlights of the bill that – except for the oil sector announcements – ​were no different from the ones established on the program submitted last April and are mainly the following:

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