London, 22 October 2019, 11.30 a.m. BST
Ecuador Travel Update
President Lenín Moreno of Ecuador has rescinded the austerity measures he announced on 1 October and which led to extensive protests throughout the country. Presidential decree 883 had cut subsidies to energy, including gasoline and diesel fuel and imposed tough and substantial price increases. In a climbdown, Moreno was reported as “willing to reconsider the economic policies that spurred the protests…[and] review plans to cut salaries and vacations for government workers.”
The president has announced new measures including taxes on big corporations, which he expects will yield $532 million in the next three years. The plan also includes taxes on plastic bags and electronic cigarettes. Moreno says his aim is to target those “who have more” and has sought to reassure Ecuadorians that there would be no changes to value-added tax. Moreno’s new plan must get the approval of Congress before implementation.
The curfew in Quito and neighbouring valleys was lifted on 14 October although a State of Emergency remains in place until 3 November.
The Foreign Office continues to advise against all but essential travel to Ecuador, with the exception of the Galapagos Islands. Our ground agents locally report that travel arrangements on the mainland are returning to normal. Revealed Travel hope the Foreign Office advice will soon be amended to reflect the reality on the ground.