WE ARE NO DEBTORS! WE ARE CREDITORS OF A HISTORICAL, SOCIAL AND ECOLOGICAL DEBT!
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ECUADOR - FINAL REPORT INTERNAL AUDITING COMMISSON FOR PUBLIC CREDIT |
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Friday, 05 December 2008 |
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The incalculable damage caused to the country's economy and the people of Ecuador by public
borrowing, omnipresent as a pressure-submission system, and the consequent commitment of
public resources to deliver its service, whether or not available, prompted the national
government to adopt the first decision and so far unique in Latin America to create an audit to
establish the legitimacy, legality and relevance of the loans, negotiations and renegotiations,
which also brought responsibilities and shared responsibility of lenders, social impacts, economic
and environmental impacts, and, above all, allowing the accumulation and weight of
fundamentals for the country to initiate and sovereign and remedial actions regarding all
payments made and future payments as well.
Te read the executive summary
exsum_audit
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