On October 1, President Lenín Moreno announced six austerity measures and 13 economic reforms in line with an aid agreement struck with the International Monetary Fund (IMF). A key change repealed 40-year-old subsidies on low-octane gasoline and diesel fuels that cost the government around $1.3 billion per year (7 percent of its annual spending).
Opposition movements immediately rejected the measures and called for nationwide strikes and marches. Following several days of social unrest, on October 12, the United Nations and the Ecuadorian Catholic Church managed to mediate dialogues between the government and the Indigenous movements and labor unions.
Backgrounder Content
- What triggered the protests in Ecuador?
- Was former President Rafael Correa really behind them?
- Why did the protests escalate so quickly?
- Why did Ecuador need an IMF bailout?
- What has been the impact of the protests?
- What are the current status of the conflict and the dialogues?
Ecuador: Violent Strikes Reveal Democracy on the Brink (four pages) Download
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