Bloomberg News

Ecuador Cabinet Offers President Correa Their Resignations

October 24, 2011

(Updates with judicial secretary’s comments in fourth paragraph.)

Oct. 24 (Bloomberg) -- Ecuador’s Cabinet offered to resign at the request of President Rafael Correa, in a move that probably foreshadows changes in a government that has seen five finance ministers since 2007.

Correa, who made the request on Oct. 21, hasn’t accepted any resignations yet, Judicial Secretary Alexis Mera said today in a statement in the president’s official gazette. The Cabinet changes will be made at year-end, an official at the presidential palace, who wasn’t authorized to speak publicly, said by phone.

“The governing cabinet presented their resignations to the head of state at his request,” Mera said, according to the statement. “I haven’t received any instructions or orders to make any changes to ministers.”

Last year, Correa asked the Cabinet to present their resignations twice, once in March and again in December. He changed seven ministers in March, including the heads of the Finance and Non-Renewable Natural Resources Ministries, and pushed out the interior minister in December and the electricity minister a month later. Correa has said he likes to shuffle his cabinet so that ministries don’t “lose momentum.”

Production Minister Nathalie Cely will step down in December to become the South American nation’s ambassador in Washington, according to a separate statement published yesterday in the presidential gazette. No replacement has been named yet.

--Editors: Philip Sanders, Robert Jameson

To contact the reporter on this story: Nathan Gill in Quito at ngill4@bloomberg.net.

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net.


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