Ecuador lawmakers reject president's proposed economic reforms

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Ecuador lawmakers reject president's proposed economic reforms
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Ecuador's National Assembly on Sunday rejected a package of tax and monetar...

QUITO - - Ecuador’s National Assembly on Sunday rejected a package of tax and monetary reforms proposed by President Lenin Moreno, a new setback in his efforts to reduce the country’s burdensome fiscal deficit.

“With 70 affirmative votes, the National Assembly plenary decides to deny and archive the economic growth bill,” the legislature said on Twitter. Several of the proposals were opposed by the indigenous movement and social organizations, while others were questioned by the business sector.

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