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The Government of Ecuador issues an austerity decree and optimization of public spending

Ecuadorian President Lenin Moreno today issued an executive decree to strengthen austerity and optimize public spending, which includes reducing wages for officials of the upper hierarchical level, reported the National Secretariat of Communication (Secom).

Quito, Sep 6 (EFE) .- Ecuadorian President Lenin Moreno today issued an executive decree to strengthen austerity and optimize public spending, including the reduction of wages for civil servants of the upper hierarchical level, the National Secretariat of Communication (Secom) reported.

The decree, among other rules, senior posts as of this month and suspends the "efficiency" benefit for the fiscal years 2017 and 2018.

The Secom decree also eliminates vacancies in all State, establishes a maximum of 30 hours of work for public servants, prior authorization, and rationalizes the payment of residence.

It also regulates in the public sector foreign travel, internal mobilization, purchase of air tickets, prohibits the purchase of vehicles and the holding of events

In addition, it provides that government institutions can only contract advertising with prior authorization from the National Secretariat of Communication and the reduction of personnel assigned to the security of the authorities, among other measures.

The Ecuadorian leader already announced last August his intention to implement a a set of austerity measures, with the aim of addressing the economic difficulties that affect the country.

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