Medium- and Long-Term: Outlook

November 2011
Ecuador Country Monitor;Nov2011, p20
Country Report
The article offers information on the medium- and long-term economic forecasts for Ecuador. It states that the oil industry almost generated one third of total government revenues and more than half of its exports although it represents around 14% of total gross domestic product (GDP). It says that further reductions in the unemployment rate in the future are not expected. Moreover, the mining industry is expected to show a weak performance.


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