Economy / Ecuador
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Referendum Is Key
April 2007 | Ratings UpdateSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The April 15 referendum on whether to hold a constituent assembly to reform the Ecuadorean constitution passed successfully. This result will be supportive for the government, in our view, and political tensions now may subside. Having said that, the issue regarding the 57 congressmen who were stripped of their congressional posts by the Supreme Electoral Tribunal after a controversial vote, has not yet been resolved and as such, we do not rule out another bout of short term political tension. The election of the candidates for the Constituent Assembly will be key going forward, and we expect that the country's