WE ARE NO DEBTORS!  WE ARE CREDITORS OF A HISTORICAL, SOCIAL  AND ECOLOGICAL DEBT!
ECUADOR - FINAL REPORT INTERNAL AUDITING COMMISSON FOR PUBLIC CREDIT E-mail
Friday, 05 December 2008

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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