18-10-2019 23:47 via kvoa.com

Ecuador president proposes new finance reforms after turmoil

QUITO, Ecuador (AP) — Ecuadorian President Lenín Moreno is proposing new economic reforms to help stabilize the nation’s finances following recent political upheaval.
The president announced Friday that his new plan will call on those, “who have more to pay more.”
If approved, he said high-earning businesses will have to make a new contribution that would generate $532 million over three years.
New taxes would also be enforced on items like plastic bags.
Moreno sai
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