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Ecuador protests end after deal struck with indigenous leaders
Source: Associated Press
Ecuador protests end after deal struck with indigenous leaders
Associated Press in Quito
Mon 14 Oct 2019 12.19 BST
Last modified on Mon 14 Oct 2019 12.26 BST
Ecuador’s president, Lenín Moreno, has struck a deal with indigenous leaders to cancel a disputed austerity package and end nearly two weeks of protests that have paralysed the economy and left seven dead.
Under the agreement, Moreno will withdraw the International Monetary Fund-backed package, known as Decree 883, that included a sharp rise in fuel costs. Indigenous leaders, in turn, will call on their followers to end protests and street blockades.
“Comrades, this deal is a compromise on both sides,” Moreno said. “The indigenous mobilisation will end and Decree 883 will be lifted.”
The two sides will work together to develop a package of measures to cut government spending, increase revenue and reduce Ecuador’s unsustainable budget deficits and public debt.
-snip-
Associated Press in Quito
Mon 14 Oct 2019 12.19 BST
Last modified on Mon 14 Oct 2019 12.26 BST
Ecuador’s president, Lenín Moreno, has struck a deal with indigenous leaders to cancel a disputed austerity package and end nearly two weeks of protests that have paralysed the economy and left seven dead.
Under the agreement, Moreno will withdraw the International Monetary Fund-backed package, known as Decree 883, that included a sharp rise in fuel costs. Indigenous leaders, in turn, will call on their followers to end protests and street blockades.
“Comrades, this deal is a compromise on both sides,” Moreno said. “The indigenous mobilisation will end and Decree 883 will be lifted.”
The two sides will work together to develop a package of measures to cut government spending, increase revenue and reduce Ecuador’s unsustainable budget deficits and public debt.
-snip-
Read more: https://www.theguardian.com/world/2019/oct/14/ecuador-protests-end-after-deal-struck-with-indigenous-leaders
