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Ecuador News: The public has erupted after the diesel subsidy in Ecuador is over. President Daniel Noboa has imposed an emergency of 60 days. Security forces have been deployed in seven provinces.
Public on the roads against the government. (Photo: Reuters)How angry angry?
But the public believes that the shock is directly on their pocket. Especially the impact on the poor class and transport sector is deep. This is the reason that from Monday, thousands of people took to the streets, broke barricades, clashed with the police. The police tried to disperse the crowd with tear gas.
The Noboa administration is saying that $ 220 million will be given to the transport sector from the money that will be saved from removing subsidy so that bus-taxi fare does not increase. Apart from this, it has been promised to implement price stabilization mechanism from December 11, so that the burden of fluctuations in the global market does not fall directly on the public. However, the details of this formula are not clear yet.
The Ecuador government believes that the situation is currently under control. But if the performance and violence continue to grow in this way, then there may be a big crisis for both the politics and economy of the country.
Deepak Verma is a journalist who is currently working as a deputy news editor in AyraNews24x7 Hindi (Digital). Born and brought in Lucknow, Deepak’s journey began with print media and soon had a digital infection. He…Read more
Deepak Verma is a journalist who is currently working as a deputy news editor in AyraNews24x7 Hindi (Digital). Born and brought in Lucknow, Deepak’s journey began with print media and soon had a digital infection. He… Read more
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