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Ecuador National Assembly Votes to Repeal Law for Economic Development and Fiscal Sustainability after the COVID-19 Pandemic

|Proposed Changes|Ecuador
Ecuador

On 29 November 2022, Ecuador's National Assembly voted to approve a bill that provides for the repeal of the Law for Economic Development and Fiscal Sustainability after the COVID-19 Pandemic, which was enacted in November 2021 without National Assembly approval (previous coverage). The law had urgent status, allowing it to be enacted directly by the president because the National Assembly had failed to approve, modify, or reject the law within 30 days, which is allowed in accordance with the…

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