Ecuador’s Fiscal Spending Leaped 31% to $24.5 Billion in 2011
February 08, 2012, 12:31 PM ESTBy Nathan Gill
Feb. 8 (Bloomberg) -- Ecuador’s fiscal spending rose 31 percent last year to $24.5 billion, or 37 percent of gross domestic product, according to a statement today on the Economic Policy Ministry’s Twitter account.
The South American nation’s 2011 budget called for outlays of $24 billion, according to Finance Ministry data.
--Editors: Philip Sanders
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.
