Ecuador's President to reconsider decree cancelling fuel subsidies that caused protests

Ecuador's President to reconsider decree cancelling fuel subsidies that caused protests
  • Clock-gray 22:46
  • calendar-gray 12 October 2019

Ecuador's President Lenin Moreno will reconsider the decree cancelling fuel subsidies that resulted in mass protests, Quito Mayor Jorge Yunda Machado said in a statement, APA reports citing Sputnik.

Earlier in the day, authorities at Quito International Airport reported that access roads to it were blocked by the protesters.In the meantime, an Ecuadorian indigenous group has announced direct talks with Moreno.

Demonstrators reportedly ransacked the government building in Ecuador's capital.

Unrest erupted across Ecuador earlier this month after President Lenin Moreno imposed austerity measures, the most severe of which was the suspension of fuel subsidies, in accordance with an agreement with the International Monetary Fund to receive a $4.2 billion loan.

Faig Mahmudov

Other news

Archive

date