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Being the eighth president in 10 years, Correa called for a Constitutional Assembly to create a new constitution for Ecuador. Ecuador relies heavily on the income gained from exploiting its natural resources. The country's largest export, crude petroleum, represents 29% of Ecuador's GDP, coming in with a total value of $5.63 billion. [5]
The National Assembly (Spanish: Asamblea Nacional) is the unicameral legislature of Ecuador. It replaced the National Congress in 2009 following reforms under the 2008 Constitution. [1] Within Ecuador, the National Assembly has the power to pass laws, while appointment of judges to the National Court of Justice is done by a separate Judicial ...
Ecuadorian nationality is regulated by the 2008 Constitution of Ecuador and the Naturalization Law of 1976 (Spanish: Ley de Naturalización de 1976). [1] Some articles of the Naturalization Law of 1976 conflict with the 2008 Constitution, however Article 424 of the constitution establishes that it prevails over any other legal orders.
The politics of Ecuador are multi-party. [1] The central government polity is a quadrennially elected presidential , unicameral representative democracy . The President of Ecuador is head of state and head of the army on a multi-party system , and leads a cabinet with further executive power .
The Indigenous movement in Ecuador was consolidated during the 1990 uprising when CONAIE leaders issued 16 demands, the first of which was the declaration of Ecuador as a plurinational state. The return of lands to Indigenous people and control over territory have been consistent central demands for the Indigenous movement in Ecuador. [ 5 ]
La Manga del Cura: In a referendum held on 27 September 2015, 64.2% of the voters voted in favor of La Manga del Cura being incorporated into the Manabí Province. [5] El Piedrero: incorporated into Guayas Province by the Presidential decree in 2017. [6] Matilde Esther: incorporated into Guayas Province by the Presidential decree in 2017 [7]
The Ecuadorian Social Security Institute (Spanish: Instituto Ecuatoriano de Seguridad Social (IESS)), is an autonomous entity that is part of the social security system of Ecuador and is responsible for implementing the mandatory universal insurance, according to the Constitution of the Republic, in force since 2008.
Ecuador is the fifth largest oil producer in the Latin American region. Petroecuador owns three petroleum refineries in Ecuador: Esmeraldas Refinery, 110,000 barrels per day (17,000 m 3 /d) (began 1978) La Libertad Refinery, 45,000 barrels per day (7,200 m 3 /d) Shushufindi Refinery, 20,000 barrels per day (3,200 m 3 /d)