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Ecuador proposes US$214 million hike in security spending

Ecuador proposes US$214 million hike in security spending
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Ecuador government proposes $214 million hike in security spending

The government of Ecuadorean President Daniel Noboa has proposed raising security spending by $214 million in 2024, as it deploys the military to help fight violence blamed on drug trafficking gangs, and could raise value-added tax to 15% from April. Noboa declared gangs to be terrorist groups last month after the latest surge of violence, when dozens of prison guards were taken hostage and gunmen invaded a television station during a live broadcast. Security spending would reach $3.52 billion u ....

Chizu Nomiyama , Daniel Falconi , Daniel Noboa , Juan Carlos Vega , Matthew Lewis , Julia Symmes Cobb , International Monetary Fund , Ecuadorean President Daniel Noboa , Economy Minister Juan Carlos Vega , Vice Minister , Economy Daniel Falconi , Alexandra Valencia , The Government , Fight Violence ,

Ecuador government proposes $214 million hike in security spending

The government of Ecuadorean President Daniel Noboa has proposed raising security spending by $214 million in 2024, as it deploys the military to help fight violence blamed on drug trafficking gangs, and could raise value-added tax to 15% from April. Noboa declared gangs to be terrorist groups last month after the latest surge of violence, when dozens of prison guards were taken hostage and gunmen invaded a television station during a live broadcast. Security spending would reach $3.52 billion under the budget proposal described in a statement published late on Tuesday by the economy ministry, up from $3.3 billion last year. ....

Chizu Nomiyama , Daniel Falconi , Daniel Noboa , Juan Carlos Vega , Matthew Lewis , Julia Symmes Cobb , International Monetary Fund , Ecuadorean President Daniel Noboa , Economy Minister Juan Carlos Vega , Vice Minister , Economy Daniel Falconi , Alexandra Valencia ,