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The Caja budget had multiplied nearly seven-fold from 1972 to 1979. By 1982, following economic crisis, the program faced a budget deficit of $26 million, equal to a third of its annual budget. Originally, Caja employees received coverage despite not having a payroll tax for the program. This was ended in 1982, when a 4% payroll tax was instituted.
SRI International (SRI) is a nonprofit scientific research institute and organization headquartered in Menlo Park, California, United States. It was established in 1946 by trustees of Stanford University to serve as a center of innovation to support economic development in the region.
Ecuador is a representative democratic presidential republic and a developing country whose economy is highly dependent on exports of commodities, primarily petroleum and agricultural products. The country is a founding member of the United Nations , Organization of American States , Mercosur , PROSUR , and the Non-Aligned Movement .
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Ecuador interesting facts ...that Ecuador's biodiversity is amongst the highest in the world? For instance more than 16,000 species of plants, including 4,000 species of orchids .
The Ministry of Economy and Finance is a cabinet ministry of the government of Ecuador responsible for overseeing the nation's public finances. Since November 2023, its minister is Juan Carlos Vega. [ 1 ]