Rafael Correa culminates four years of struggle for Ecuador

President Rafael Correa is a leading figure in the Latin American left, who announced his retirement from political activity in 2017. | Photo: AP

“Until poverty is deleted from the patria grande, for this second independence, we fight and move forward,” said the President of Ecuador, Rafael Correa, to taking possession the past today for his second term.
The President gave a vibrant speech that emphasized that his country change deeply and positively in all directions and pointed out that according to data from United Nations in 2012, from 186 countries, Ecuador is one of the four who climbed 10 positions in the human development index ranking.
> Rafael Correa of Ecuador says goodbye after 10 years of achievements “I don’t think we have high human development, he said, but there is no doubt that the country is moving toward the good life, have a more dynamic economy, which grew 4.3 percent, when the region grew 3.5 percent, despite the global crisis and without currency”, concerned.

Ecuador has reduced the poverty in a 38 percent, increased the expenditure in education and attention medical and increased the income per capita stressed that Ecuador holds it more low rate of poverty, 4.1 percent, have eliminated it outsourcing, raise the wage nominal and the real to the more high level of it history, which covers the basket basic of consumption and today there are a million of sharp to the security social.
In its new four-year term, Correa appealed to reforms in key sectors of the economy to obtain revenue for its millionaire social projects and increase State control in private areas, thanks to the greater powers in a new Constitution approved last year.

3 schools opened at the same time! In Guayas, Orellana and the rivers. True democracy is achieved with quality public education. pic.twitter.com/52d1rxk7Rs – Rafael Correa (@MashiRafael) 16 February 2017 earthquake of April 16 the national Government established five economic measures to face the costs of the earthquake of April 16, 2016, leaving over 600 people dead. President Rafael Correa to combat the ravages of the earthquake five economic measures announced the first consisted of an increase of two percentage points in the value-added tax. That is 12 percent to 14 percent.
The announced measures are valid for one year.
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Additionally established a contribution once the 3% surcharge on utilities and a 0.9% tax on natural persons whose heritage is greater than a million dollars. These taxes will also be charged only once. The fourth measure was the payment of a day of salary during an only month for those who win more than USD thousand. If the person earns more than two thousand USD you would give the support for two months. In other words, two days of salary during this period. But if the people wins more than USD five thousand, would have to contribute with five days of salary, i.e., a day of salary during five months. Finally, as a fifth measure, the President said that the State would seek to sell some of its assets. 
The measures were taken in order to cope with damages and costs of the 7.8-magnitude earthquake that affected mainly Manabi and Esmeraldas and, to a lesser extent, Santo Domingo de los Tsáchilas, Santa Elena, Guayas, Los Ríos.