He explained that, in the event that companies require these amounts, they must communicate for «their scheduled return»
Through an inter-institutional resolution, between the Ministry of Finance and the Central Bank of Ecuador (ECB), the transfer of a total of USD 284’541.555.55 of several public companies such as Petroecuador, CELEC, CNEL, CNT, among others, to the single current account of the National Treasury.
Amid a fall in the price of oil, as well as other factors that impact the Ecuadorian economy, the Government issued «the policy for the integrated management of liquidity in the public sector.»
In a letter, sent to Clara Mejía, national director of the payment system of the Central Bank of Ecuador, they state that “due to programming issues of the Fiscal Fund and after reviewing the balances of the account of public companies in the Central Bank of Ecuador ”, debts USD 284,541,555.55 from Petroecuador, Corporación Eléctrica del Ecuador (CELEC), National Electricity Corporation (CNEL), EP Casa Para Todos, National Telecommunications Corporation (CNT), EP Ecuador Strategic, EP Fleet Oil , EP Training Center for High Performance and EP Public Water Company.
They request that the amount be credited to the single current account of the National Treasury. In addition, they indicate that, (the companies) of requiring values for the fulfillment of obligations, «I would appreciate that each public company communicates to this Office for the scheduled return of the same».
Best regards.
This is the breakdown of the amount of each company:
This Tuesday, President Lenín Moreno will announce, at 7:00 p.m., what options they will take to stabilize the country’s economy. «The concept is to make the greatest effort inside and avoid affecting citizens,» said Communication Secretary Gabriel Arroba.
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