Ecuador Indigenous Peoples Respond to Fiscal Austerity President announces withdrawal 15:57 on October 15
In Ecuador in South America, President Moreno said that he had withdrawn from the policy, saying that the indigenous people who rebelled against the government's fiscal austerity occupy the capital, and President Moreno said that he had not intended to affect the poor. did.
In South America Ecuador, the government announced a fiscal austerity measure this month, such as reducing subsidies for gasoline, and indigenous peoples rebounded, blocking roads in various places including the capital Quito and attacking local TV stations. The confusion spread.
The government declared a state of emergency and announced that the capital function would be temporarily moved to a second city, but the indigenous people claimed that the demonstration would continue until the government withdrew its austerity, and fired in the heart of Quito. As a result of the rise of the riots, at least 7 people have died and more than 1000 have been injured.
For this reason, President Moreno talked with an indigenous representative on the 13th, saying, "I didn't intend to affect the poor," and announced that he would withdraw his policy.
The Ecuadorian government, which suffers from a budget deficit, wanted to rebuild its economy by receiving assistance from the IMF = International Monetary Fund on the condition that it implements fiscal austerity measures, but it was a form of abandonment due to public opposition.