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General Information
Ecuador has very well prepared work force
On September 30, 2007 Alianza PAIS won the majority
of the 130 available seats. As the constitutional reforms
will be approved without negotiating with the rightist op-
position from January 2007 from the Congress opposed
the referendum offered by Rafael Correa's presidential
campaign to ask citizens if they wanted to institute a
Constituent Assembly with full powers. The opposition,
took advantage of Alianza PAIS’s weak representation
in the national congress and tried to block demands to
prosecute members of the supreme electoral tribunal
[4] as 57 members were dismissed as opponents since
according to the Ecuadorian electoral law any officer
who attempts to prevent an election is automatically
removed from office.
Fight against corruption
This element seeks to combat corruption through
citizen oversight. It also strives to implement an online
electronic system where citizens can check prices on
the contracts of sectional bodies like municipalities
and compare them with other municipalities. It also
promotes the removal of officials by referendum for all
national dignitaries including the president.
Economic Revolution
A plan to support various groups within the economy,
such as micro-entrepreneurs, informal traders, farmers
and artisans through a system of micro-credits called
5-5-5 (up to $ 5 000, 5 year term and 5% annual inter-
est). It also aims to improve the democratization of the
means of production and to ensure joint ventures with
other countries.
Revolution of Health and Education Systems
Ecuador is seeking to ensure universal health care
and free education. In effect, this would increase the
percentage of the annual budget allocated to these
initiatives by 0.5% of the GDP until it reaches 5% for
the health system and 6% for the education system.
Rescue of the dignity, sovereignty and the pursuit of
Latin American integration
To maintain Ecuadorian political and economic
sovereignty of the country in the face of international
financial organizations and foreign powers who
pursue the issue of debt renegotiation. It also seeks
cancellation of debt tranches considered illegitimate.
In this sense, Ecuador took a decisive step to end
its relations with the IMF loan. Additionally, it will
decrease the percentage of the budget that the
country intended to pay the debt which once reached
50% of the general budget of the state and that 2008
will be reduced to 28%. For 2009 is projected to
further reduce the percentage of payment to 12%.
The country is also seeking a renegotiation of oil
contracts and reintegration of Ecuador within OPEC.
In terms of integration with other Latin American With
regard to the integration of Latin American countries
will host Ecuador's political Unasur (Union of South
American Nations) project that seeks to integrate the
countries of South America in a single economic and
political bloc. Ecuador's government also strongly
encourages the creation of the South Bank in
partnerships with with Argentina, Venezuela, Brazil,
Paraguay and Bolivia.
CONELEC